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PDAH

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PDAH

Re: ljk post# 8702

Thursday, 07/10/2003 9:15:32 AM

Thursday, July 10, 2003 9:15:32 AM

Post# of 48422
Linda,
If the gains from sales of position held for a year then the tax I believe for federal will be capital gains of 15%. I don't think that there are state or city capital gains taxes. Other wise if the position where held for less than a year then the gains are at regular rates the highest of which is 35% I think. They have changed the rates twice on me now thanks to President Bush.

Pete

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