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Re: zstrata post# 27384

Wednesday, 02/17/2010 11:53:14 AM

Wednesday, February 17, 2010 11:53:14 AM

Post# of 47790
If you sold and held the money for more than 30 days you will owe tax on that .015 cents a share. If they were held for a long time you will owe taxes on long term gains and if they were held for less than a year it is short term gains. I believe short term gains are 35% and long term is 15%. You might find that you have a mixture of both and it becomes a little complicated. Easier just to go hit your profit / loss in your account. Usually you can find it in "YOUR ACCOUNT", "TRADING ACTIVITY", "PROFIT / LOSS". Make sure you look at "LAST YEAR" only.