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URL:  http://boards.fool.com/thanks-ira-thats-what-i-thought-but-i-wasnt-30849202.aspx

Subject:  Re: Taxes on Profits Date:  8/30/2013  8:17 AM
Author:  carsnbikes Number:  119103 of 121105

Thanks Ira...
That's what I thought but I wasn't sure. I have both an IRA and a ROTH and I'm over 50 so I could put $13,000 in those accounts. I happen to have bought a bunch of Ford stock at $1.78 so I'm up about 800%. If I sell enough to move into my IRA's I'd be paying 15% on a pretty good amount. Probably around $1700 in taxes. It may not be a huge amount but I don't try to make money just to give it away to our thieving gov'ment.

Thanks
carsnbikes
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