Quantum Materials Corp. (fka QTMM)

[puravida19]

First, I will get a good tax accountant!

From Long Term Stock Gains and Losses

Quote:
If you have owned a stock for more than a year, you can sell it and pay taxes up to a maximum of 15%. The rate depends on your taxable income. The lower capital gains rate (which applies to taxpayers in the 15% bracket or lower) is zero percent this year!

Let's deal with a simple case. Let's say you're in the 28% bracket, and you had a long-term gain of $10,000 in, say, Google. The lower capital gains rate saves you $1,300. (That's $2,800 if the gain is taxed at ordinary rates less $1,500 because you've held the stock for more than a year.)