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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (1849)11/5/2003 10:10:34 AM
From: ild  Respond to of 110194
 
<<<if you bought a stock in september 2002 and sold it in september 2003 as long as you had it for 365 days, that is a lower tax rate ?>>>

Yes.



To: re3 who wrote (1849)11/5/2003 10:25:01 AM
From: russwinter  Respond to of 110194
 
Just be sure it count one extra day. If you bought on Nov.4, 2002, you could sell today for LTCG. If you sold on Nov.4, 2003 it would still be short term. The tax rate would be 15%.