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Durkkdiggler

08/27/09 10:15 AM

#42691 RE: Grande25 #42689

If you made money selling into the momo you will have to pay the piper a percentage, depending if its a long term, vs short term.

Short Term (under a year) your normal tax rate I believe. For me this year, it will be ugly.
Long Term(over a year) 15% I believe.