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Re: tpg post# 481170

Saturday, 07/01/2017 12:54:41 AM

Saturday, July 01, 2017 12:54:41 AM

Post# of 728433
If we are sent checks, ETC...then as soon as you receive the money, it is called income.

You will pay tax on this disbursement as income. The rate would be 15% on up to 450K, then after that at 20%

There is only one way you do not pay taxes...If you had your wamu stock initially in your Roth IRA and then they converted to Escrow shares... the escrow shares are still listed inside the protection of Roth IRA. Once disbursements are made...the funds stay inside the Roth IRA.

based on Roth IRA guidelines...

If you are allowed by the IRS to take that money out of your Roth...then no tax.

If this is huge...I will hire A LAWYER, A tax Account and security.

Please don't rely on what I say here...please everyone at lest see tax accountants for Answers.
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