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Re: PapaSasquatch post# 75655

Tuesday, 10/28/2014 9:57:16 AM

Tuesday, October 28, 2014 9:57:16 AM

Post# of 405212
As long as you hold the shares for 12 months, it will be long term capital gains. Tax rate currently is capped at 20%. Could be as low as 0% depending on income. If holding in a IRA currently, I would convert to a Roth IRA and pay taxes now. Then future gains will be tax-free. All of this of course is assuming no changes to the tax code.
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