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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (595)12/3/1998 11:35:00 PM
From: Tom Hua  Respond to of 1383
 
AT, I'm not sure but I think it's considered capital gains.

Regards,

Tom



To: AlienTech who wrote (595)12/3/1998 11:37:00 PM
From: dj8000  Respond to of 1383
 
i think every thing happen in 401k is capital gain or loss, nothing else.

DJ



To: AlienTech who wrote (595)12/3/1998 11:44:00 PM
From: Colin Cody  Read Replies (2) | Respond to of 1383
 
Alien, Generally 401K distributions are taxed as ORDINARY INCOME regardless of how the 401K made its money.

Colin


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