Replies to post #141310 on Wave Systems Corp. (fka WAVXQ)

[xxxxcslewis]

knute97,

If you take the 1000 shares at $2.40 and transfer to a Roth IRA you pay $600 taxes.

If the share price then goes to $24, the entire $24,000 comes out of the Roth IRA tax free.

At least that is how I understand it.

[TinyPineTree]

knute97 - does alternative minimum taxes come into play at all?