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Re: Traderccl post# 46879

Sunday, 01/14/2024 2:57:01 PM

Sunday, January 14, 2024 2:57:01 PM

Post# of 47156
Hi T, Re: AIM and Capital Gain Tax.........................

In general it's been my experience that after the first 12 months of AIMing in a taxable account essentially all gains will be considered "Long Term" on a FIFO basis. Most of my stocks I traded over the years the 'inventory" took about 3-5 years to move through my "equity warehouse." So, if the Tax Man is offering a discount in tax rate for long term cap gains, AIM can be very effective.

Best wishes,
OAG Tom

Buy from the Scared; Sell to the Greedy.....

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