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Strategies & Market Trends
IRS, Tax related strategies--Traders

An SI Board Since June 1996

Posts	SubjectMarks	Bans
1383	160	0

Emcee:	Type: Unmoderated

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Reply	Message Preview	From	Recs	Posted
608	Colin - I have a question. I have a stock that I have held for more than one	Pices	-	12/10/1998
607	I have written covered calls on Ascend Communications that expire in December o	getgo234	-	12/8/1998
606	I agree with Spots fine advice, and would only add that you should "pencil	Colin Cody	-	12/6/1998
605	Just be warned that the 20% cap gains rate will kick in as soon as your gross i	Spots	-	12/6/1998
604	To Thread: I find that I will be in the 15% bracket this year (for the first t	Christopher Reed	-	12/6/1998
603	Colin et al, Re : Trading within a 401K FWIW, I'll pass on what I've	Gary Metzer	-	12/5/1998
602	Mark, Thanks for the MBT info. My first month will not be too active. I'v	Colin Cody	-	12/5/1998
601	Thanks for more or less confirming my 'tax instincts'. Better to bounc	Mark Z	-	12/5/1998
600	Mark I have used MBT for just a few days now and don't know how they handle	Colin Cody	-	12/5/1998
599	Colin - If I'm correct you recently opened an account w/MB Trading and hop	Mark Z	-	12/5/1998
598	Alien, Generally 401K distributions are taxed as ORDINARY INCOME regardless of	Colin Cody	-	12/3/1998
597	i think every thing happen in 401k is capital gain or loss, nothing else. DJ	dj8000	-	12/3/1998
596	AT, I'm not sure but I think it's considered capital gains. Regards,	Tom Hua	-	12/3/1998
595	Thanks Tom, Also another question, Are gains in your 401k considered as capita	AlienTech	-	12/3/1998
594	AT, that's correct. Regards, Tom	Tom Hua	-	12/3/1998
593	you can carry over the loss to next year. DJ	dj8000	-	12/3/1998
592	>>, if you have capital gains of more than 7K next year, then they can b	AlienTech	-	12/3/1998
591	I have a question: suppose i have a long term position of a stock, say 1000 sha	dj8000	-	12/3/1998
590	AlienTech, You can write off 3K losses from your income, the balance will be ca	Tom Hua	-	12/3/1998
589	I was wondering, If you had trading losses of like 10K and you had income of l	AlienTech	-	12/3/1998
588	It's PNLK. It's an OTC BB. Very risky, good concept, high potential gai	dykerted	-	11/29/1998
587	What's the ticker symbol? It sounds like it might go to $40 this week and	Colin Cody	-	11/29/1998
586	dykerted. I believe that's correct. Regards, Tom	Tom Hua	-	11/29/1998
585	Thanks, So I sell and wait 31 calendar (not trading) days and then buy back ri	dykerted	-	11/29/1998
584	dykerted, I'm afraid the wash sale rule prohibits you from taking the losse	Tom Hua	-	11/29/1998

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