Replies to post #530 on Westmont Resources Inc. (fka WMNS)

[lc45]

Roth IRAs are 100% tax free, as in NO capital gains at all.

[J ME]

Hi it, apparently there are stock distributions that are taxable at the time of distribution. I believe that this distribution is not taxable, just the proceeds after a sale. The question becomes what is the basis value for the sale?

-J