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Re: EternalPatience post# 729747

Tuesday, 08/23/2022 1:13:48 PM

Tuesday, August 23, 2022 1:13:48 PM

Post# of 798182
See this is why I ask questions. In this case, I'll assume the worst as usual.

I will get taxed 40% as a short term gain/ ordinary income.

Or.

I will get taxed long term gain capped at 20% - 25%.
(I don't know if they changed that tax yet)

Or.

I will get taxed based on some special circumstances. Like it's divided over the years so it looks and it becomes a smaller tax rate.

Or

None at all.

Prepare for the worst and Hope for the best.

JMOs