Replies to post #405427 on ORIONS Money Stocks

[wow_happens28]

I believe you got to take the gain first, chit happens in the market.

https://www.irs.gov/faqs/estimated-tax/large-gains-lump-sum-distributions-etc/large-gains-lump-sum-distributions-etc

[N4longterm]

If you trade in a traditional account, then probably yes (check with a local CPA to be sure.)

However, if you trade in an IRA, no taxes are due until you start cashing in. Also, no worries about Long-Term VS Short-Term trades.