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flitt writes (in part):

Is the federal govt. going to offer tax breaks for holding stocks for 18months? What was decided on that?

I reply:

The holding period necessary to claim long term capital gains treatment has been reduced from 18 months (and a day) to 12 months (and a day), retroactive to sales on or after January 1, 1998. You might want to search the Tax Strategies board for posts by TMFTaxes. He's very responsive (not that the posters here aren't!) and most of his posts contain links to very useful sites both within and without the Fool. Good luck! --Bob
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