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Author: badscene Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121585  
Subject: capital gains with no working income. Date: 11/12/1999 8:23 PM
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Hello, everyone i'm new here... i need some advice. i am a college student and have made a profit of $75,000 in the stock market buying infospace.com (INSP) it is a great company if you are interested. well back to my question, i have no working income because i am going to school fulltime and was wondering if anyone knows how i will be taxed if i sell my stock now as opposed to when i start to have a working income. does the fact that i have no income entitle me to not have to pay capital gains or will i just be considered low income and be grouped into the 15% bracket? thanks for your help.
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