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Re: ib12u post# 55166

Monday, 03/23/2015 6:54:22 AM

Monday, March 23, 2015 6:54:22 AM

Post# of 87250
Some of what you post is not accurate. The Capital gains taxes are only calculated on the adjusted income you would earn post r/s. So regardless of what the r/s number is the taxes would be paid only on gains, not on the amount the shares would go up to post split. If you made 15k on a 5/1 reverse split or 15k on a 10/1 reverse split capital gains taxes would remain the same. So a higher price r/s has nothing to do with the taxes that are paid. The best way to avoid paying the top end of capital gains is to hold any investment for at least a year, lowering the capital gains taxes from 39 percent to 15 percent, plus state taxes.
Since ECIG future looks bright I will hold my shares for one year minimum.
(the rest of your post is conjecture)

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