Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Mel Boreham who wrote (37746)	11/29/1997 1:39:00 PM
From: Michael Coley	Read Replies (2) \| Respond to of 58324

RE: Long Term vs. Short Term OFF TOPIC Mel, >> Under the old tax law, I would be close to having a long term capital gain, but now I will have to hold for at least another 6 to 8 months... << You should check with your tax advisor. The new 18-month minimum for 20% didn't replace the 12-month minimum for 28%. If you sell inside of the 12 to 18 month range, it's still long-term but is taxed at 28% maximum. There are quite a few "fine points" that you'll probably want to review with your tax advisor. - Michael Coley - i1.net