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Subject:  Long/Short Term Cap gain for me? Date:  7/25/2000  11:43 PM
Author:  oreck Number:  38022 of 127513

What happens if I inherit a stock fund from a family member through a direct beneficiary plan, and the fund has not been realized (cashed - out) yet, and the original owner was in the long-term capital gains tax bracket of 20% and I as an inheriter am in a lower capital gains tax bracket, when I cash out in 3 years do I pay the lower bracket or not? please explain.
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