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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (36492)4/3/1998 11:02:00 AM
From: K. M. Strickler  Read Replies (2) | Respond to of 176387
 
PLL,

**OT**

Yes, sort of! Since I was rolling a 'tax deferred' IRA, all of the income is taxable, so effectively I pay tax on 1/4 in each of the four following years. Since the amount is 'locked' at rollover time, won't that effective tax rate be for this year, and the spread over the 4 years?

Either way, I will know the answer, since I have already 'flushed the toilet' so to speak!

Just to continue the discussion! Since there is no tax liability for trading in the IRA, I sold DELL (temporarily, I can assure you) and bought LU for the split 'uptick' - then sold - that was worth ~8% up for the week. Now moved from LU to NBTY for the 3/1 split on the 7th. My limit order was set too low and by the time that I changed it to a market order, I missed 2 11/16 uptick. I'll have to see how I fare on that one! There may be a couple of more 'opportunities' to try before DELL announces earnings 4/19 (?). At any rate, I want to be back in DELL for those, but I wouldn't object to a 20% increase in capital while waiting! (Of course, I can buy a stock that splits and 'tanks'! I did miss the expected DELL uptick after the split as it has done so many times in the past! DELL, IMHO, is still a LONG HOLD!)

Thanks for you response,

Regards,

Ken