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Financial Planning / Tax Strategies


Subject:  Re: tax penalty on stocks sold in less than a ye Date:  12/23/2008  1:42 AM
Author:  wrussell2 Number:  103135 of 127616

I would suggest reading though the schedule D Instructions for your tax returns and trying so hypotheticals with a schedule D in relation to your prior years returns. As long as you hevn't made any major life changes you can see how buying gains at the short term as well as the long term affect your situation. I am also asuming you are holding these stocks in a standard brokerage account. In an IRA or 401(k) you are not hit with capital gains which is one of teh beneits to retirment accounts.

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