Replies to post #48988 on Enzolytics Inc (ENZC)

[MLR_Lite]

This sounds more complex than I understand it to be.

If you sell a stock before 1 year then it is short term gains. Taxed at the same rate as your job typically.

If your sell after 1 year then long term gains are 15% this year. It changes occasionally.

I think all brokerages will send you a 1099 documenting your trades. But I use excel to track each buy/sell/commission.

[Kyle279]

Talk to a tax planner There are ways to defer your investment gains. Google opportunity zone funds for example.