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Technology Stocks : IMRS racking up y2k contracts. -- Ignore unavailable to you. Want to Upgrade?


To: paul e thomas who wrote (2251)2/16/1998 1:55:00 PM
From: DD™  Respond to of 3162
 
Paul:

I understand your anger at the tax code. I personally wish I had your problem <ggg>.

Don't however, compromise your hard-earned capital gains simply because of tax considerations. This is a big mistake that many traders/investors make.

Saving several percent in tax at the expense of a potential greater loss of capital gains does not make sense.

But I'm sure you already understand this.

DD



To: paul e thomas who wrote (2251)2/16/1998 10:46:00 PM
From: tom rusnak  Read Replies (2) | Respond to of 3162
 
Regarding Short Term Capital gains:

This post by Paul has shattered my vision of "28% max" for capital gains. I've never had to worry about income levels as Paul has described and may not either, but can someone direct us all to any information that details the tax implications of short term capital gains....i've just taken a brief look at IRS pub#550 but didnt see the answers there...........

tom