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Author: RyanD Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 123001  
Subject: Capital Gains Date: 1/12/1999 1:36 AM
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Roy, I'm trying to decide on a game plan for 99' and I was wondering if you could help. Here's my situation:

Our income this year, depending on our short term capital gains between my wife and I will be anywhere between $40,000 and $150,000. All of our portfolio consists of one stock that has appreciated to the point where 95% of what we sell will be a long term capital gain.

I really need to diversify our port and I'm thinking of putting a rein on the short term trading this year and keeping our income below $42,000 so I only have to pay a 15% long term capital gain on the stock I sell. I'm looking to sell somewhere between 100k-250K worth.

If I do this, will I pay 15% on any, some, or all I sell?


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