Message Font: Serif | Sans-Serif
 
No. of Recommendations: 7
Here is what Etrade Optionslink

Probably pretty good if the calculator knows your total income. (Otherwise, the income tax percentages could be wrong.)

The big misconception you have is that options and ESPP's are taxed the same as vanilla shares bought in the market. They're not. The best information I've found is at www.fairmark.com.

The smaller misconception I saw was that you think the special capital gains rates apply to short-term capital gains. They don't. The 15% and 5% rates apply only to long-term gains. Short-term are taxed as ordinary income.

Phil
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement