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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: Howard H Bouch who wrote (1076)5/21/1998 9:11:00 AM
From: mnispel  Read Replies (1) | Respond to of 11850
 
I'm not an accountant, and only an inexperienced investor, so somebody else will have to confirm/fill in the details.

As I understand it, it's all related to short term (<12mos) / mid term (12 mos - 18 mos) / and long term (>18 mos) gains (how long you've held the stock), and also your base tax bracket. Depending on these factors, it could vary anywhere from about 10% to 36%.

Mark N.