The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Selling stocks with substantial run up||Date: 2/7/2011 7:59 PM|
|Author: MurrayS||Number: 68429 of 73906|
Trying to get any closer is an exercise in frustration.
Yes, that's my point.
So if you were estimating based on the law as it existed early in the year, your estimates would be on the high side after Congress did their thing. That will keep you out of problems with penalties, but could cause you to pay in more than absolutely necessary.
I think it's more like a couple thousand dollar swing when they do a late in the year exemption. With interest rates so low, I've decided it's not worth the frustration you mentioned and just take my several thousand dollar refund like most red blooded americans :)
|Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|