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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (4689)1/16/1999 12:01:00 PM
From: OD Bobo  Read Replies (2) | Respond to of 56535
 
Trader J & all: a question

Thanks in advance.

Besides your basic short-term and long-term capital gains taxes, I understand that buying and selling in the same day or week can fall under it's own special tax bracket? Is this true, and if so, can anyone explain to me how it works, or provide me with a link with some info? I'm starting to trade more actively, and I want to make sure I know the full tax picture.

Thanks to all.