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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: dj8000 who wrote (3604)12/3/1998 10:57:00 AM
From: AlienTech  Respond to of 43080
 
>>so they don't have to sell major long position, so they don't have to pay tax on it<<

The IRS has changed this so you do have to pay taxes on it. Also dont confuse the 2 issues since one is the SEC rule and the other is the IRS issue.