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


To: steve barneke who wrote (52071)7/18/1998 1:39:00 AM
From: T L Comiskey  Read Replies (1) | Respond to of 176387
 
Dont remember the Good DR.'s entry point....if i remember correctly...it was in the 80's........could be wrong...believe she follows a newsletter that suggested taking profit at these levels ...?
thus if im correct the tax is not as fierce as stated....t



To: steve barneke who wrote (52071)7/18/1998 2:09:00 AM
From: PAL  Read Replies (1) | Respond to of 176387
 
If one really needs the money, just borrow on margin account, and keeps Dell. The interest is tax deductable, and Dell stock keeps rising. Selling 11000 shares of Dell requires the good doctor to pay huge income tax to uncle Sam. Hey, I am not complaining, somebody has to support the country in a big way.

Paul.



To: steve barneke who wrote (52071)7/18/1998 10:28:00 AM
From: K. M. Strickler  Read Replies (1) | Respond to of 176387
 
sb,

If the stocks are held in a 'tax free' account (IRA, ROTH) the trades are 'tax free'. The only time the money is 'taxed' is when the money is taken out of the account (IRA) or is 'tax free' on withdrawal (ROTH) after 5 year holding time. (That won't happen until 2004)

Regards,

Ken



To: steve barneke who wrote (52071)7/19/1998 2:07:00 AM
From: rudedog  Respond to of 176387
 
steve -
vg held the stock for 26 months so even if it is a taxable trade it would be just the long term cap gains not ordinary income