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Post# of 4974927
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Re: i_like_bb_stock post# 253029

Monday, 04/11/2005 4:58:53 AM

Monday, April 11, 2005 4:58:53 AM

Post# of 4974927
If they are short term then its treated like ordinary income so you use the income tax brackets, to deterimine your tax rate, if they are long-term then you pay long-term rates. Say you have no income but $100K in short-term capital gains. You would pay taxes as if you made $100K at a regular job.
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