Replies to post #20293 on Titan Medical Inc (TMDIF)

[Daktari]

So it's possible, after talking to your account that you could pay long term capital gains taxes?

[JUrology]

I asked my CPA to make the appropriate designation when he files my return for 2014. I held Titan initially in my 401k and sold my position and acquired it in a taxable account. Figure long terms capital gains will be significantly lower than funds withdrawn from 401k. Having made that transition last spring, my CPA is making a QEF designation to avoid the PFIC treatment. I hope...