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Mr. Bill

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Mr. Bill

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Re: Sunnybank post# 28886

Tuesday, 12/16/2014 9:10:35 AM

Tuesday, December 16, 2014 9:10:35 AM

Post# of 29692
IMO you have long term capital gains which with this new Obama POS care tax add on of around 4% takes one up to 24% if I recall correctly. So plan on 1/4th going to taxes off the top Short term tracks more like 44% if I recall correctly.

If one sells the first 90 days of 2015 they would have a quarterly tax bill due on 4/1/2015.

Like wise if one sell in April, May, or June then 7/1/2015 a tax bill due, and so on

When my time on earth is gone, and my activities here are passed, I want they bury me upside down, and my critics can kiss my ass!
Robert Montgomery Knight - The General

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