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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: JGoren who wrote (1441)7/11/2001 8:56:31 PM
From: rocklobster  Read Replies (1) | Respond to of 5205
 
thats exactly what they do... You pay full taxes on ST capital gains and are limited to like 2000 a year on ST capital losses.. so if you take huge losses, you have to carry the losses forward and deduct a little bit each year but if you have huge gains, you pay all the taxes right now.

not sure about exact details...just remember being a little more than peeved at the accountants last year

rok