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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Satish C. Shah who wrote (6586)	2/17/1999 11:10:00 PM
From: theRedDog	Read Replies (1) \| Respond to of 99985

**OT*** >>>>> I am not an accountant, but I have come across this problem. The answer is no, till the age of 14 (your sons) you have to include his gains in your taxes. <<<<< I don't think this is accurate. The way I understand it is as follows: The first $750 (the amounts might be slightly different) in gains are tax exempt. The second $750 are taxed at your son's rate (15% if my memory serves me well) Gains over $1500 are taxed at the parent's rate. (Your rate) Hope this helps. theRedDog

To: Satish C. Shah who wrote (6586)	2/18/1999 8:38:00 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 99985

OT* - Thanks Satish, Raybert, Red Dog, and Monty. Boy, when you need an answer on the MDA thread- Folks are really willing to help you out. Maybe this nation has some hope after all. -g- Monty went the extra yard and put the data in his tax software. We found out that MCD would only have to drop a little more than 8% for the sale to work out. Now, let's rally for a few days here and get my boy a better price for that sale. -vbg- Thanks again All, TW