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Author: mark1969 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75383  
Subject: SEP and tax implications Date: 12/24/1999 9:20 AM
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How is a SEP-IRA that invests in individual stocks taxed?
Is the basis taxed as ordinary income?
Are the gains taxed at the capital gains rate?
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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 16844 of 75383
Subject: Re: SEP and tax implications Date: 12/24/1999 9:36 AM
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Mark1969 asks:

<<How is a SEP-IRA that invests in individual stocks taxed?
Is the basis taxed as ordinary income?
Are the gains taxed at the capital gains rate?>>


Like any other tax-deferred investment vehicle, any gains within a SEP-IRA are taxed at the ordinary income tax rates when money is withdrawn from that IRA. There is no recognition of capital gains in such a vehicle.

Regards..Pixy

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