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Author: edcosoft Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: Re: capital gains Date: 4/2/1999 7:37 PM
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I am currently filing taxes, and this is my first year of investing in stocks and
bonds. Does anyone know what's the tax yield or percentage for growing
equities held less than a yr? In addition what form is needed? Lastly, is there a
tax on stagnant or declining stocks? (A tax for merely owning shares in some
corporation.)
It is difficult to understand your actual question, but the tax RATE on the gain from stocks SOLD after being held less than 1 year is the same as your ordinary income. There is NO tax due on stocks held but not sold (stagnant?), nor gain if they decline in value.
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