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drockh

03/05/07 10:42 PM

#15768 RE: moejettah #15767

i believe its only 18% for stocks held under 12 months
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brian

03/05/07 10:42 PM

#15769 RE: moejettah #15767

ok... but i took the info right from the irs website and posted the link directly to the topic...

hopefully i will have the problem of chnw making me enough money that i would have to worry about capital gains....

not arguing with ya, just trying to help find the answer

brian
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Derekz

03/05/07 10:46 PM

#15770 RE: moejettah #15767

Short term taxes on stock gains is the same percentage as income tax.