[[So... please point me to that answer (so that I can point the NEXT questioner to the right place) and/or consider adding a few words to the older explanations of the 1997 rulings to make it clear that the long-term hold rate is again 12 months+ .]]Danny...sorry for the confusion. The original discussion of the 1997 capital gains tax changes are discussed at: http://fool.com/school/taxes/taxes33.htmBUT…the changes to the capital gains holding periods that took place in 1998 can be found at: http://fool.com/School/Taxes/1998/taxes980724.htmThat is where you'll find the confirmation of the new 12 month holding period.I'm sorry that the original post regarding the 1997 changes has still not been updated. I'm going through each and every post and FAQ right now to try and update them to reflect the changes made by the 1998 legislation. This will be the first one that I will deal with and hope to get out of editing.Remember also that there is an "archives" sub-area in the Taxes FAQ area (http://fool.com/School/Taxes/1998/Taxes1998.htm) that will answer many of your questions.I'm going to update my "closing" this weekend to reflect some of the new hiding places for some of the Taxes FAQ issues. That might help in the future.I know that this is cumbersome, and I'm trying to get HQ to re-design the tax area. But these things do take time. Again, in the meantime, please accept my apologies for the inconvenience of trying to link (or even find) some of the answers. And also accept my thanks for helping out as much as you do in the folder.TMF TaxesRoy
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra