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Author: Pirate36 Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121315  
Subject: Taxing Question Date: 3/9/2002 7:51 PM
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I have also posted this On Rat's Survival Alternatives...

I have a couple of questions and just wondering if anyone here knows the answers. I have been a long term buy and hold guy that has been reading recommended books about technical analysis.

Besides having my own personal portfolio for stock investing , I own several stocks that I DRP invest with and I own mutual funds. I feel before long I'll begin trading more due to ehat I'm learning about with making money using TA vice FA.

I have Coverdale Education IRA's for ALL FOUR of my children. Currently I have NTAP ORCL WIND and ET in their Portfolios. I have never sold any of the shares and have owned them from about 3 1/2 up to 5 years. If I sold portions of the shares are they taxable now? If the money remains in the accounts until used for education are the gains non-taxable? Do I report the trades on my taxes?

I am more inclined to do some trading now rather than just blindly buying and holding but just curious in those portfolio's if it will kill them tax wise. The Education IRA's are at a point that there is sufficient enough money to cover trading cost.

Just curious about any possible tax implications.

I'm posting here because I feel if I posted on any ther boards I might get hammered about not just buying and holding in those accounts.

Any help is appreciated.

Pirate36
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