Replies to post #13540 on Washington Mutual Preferred fka WAMPQ

[sf]

i dont think we qualify. we are not suing the fdic washington mutual is. so it would not be a settlement to us. i did find something online about TIPRA. look it up . it says if you are in the 10 to 15% adjusted tax bracket that you would pay no cap gains on long term inv. thru 2010. i couldnt find what the cap was on how much of a cap gain you could have though. does anyone know?

[HROLLER]

These are the only links that I have;

http://www.moneychimp.com/features/capgain.htm

http://search.irs.gov/web/query.html?col=allirs&charset=utf-8&qp=&qs=-Wct%3A%22Internal+Revenue+Manual%22&qc=&qm=&rf=&oq=&qt=long+term+capital+gains+stocks