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Author: WaterBucks Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6743  
Subject: Re: CG taxes & tracking portfolio performance Date: 1/19/2000 7:03 PM
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Thanks for the response.

Is it a taxable account, a traditional IRA, a Roth IRA, or some other type of account? Will it make enough money to change your tax bracket? How will you track the effect of losses? I think it's a matter of understanding the tool (portfolio tracker) and what you wish to accomplish with it. I find it easiest to understand if split the problem. I use a portfolio tracker to understand the pre-tax performance of my portfolio. Those results then get integrated into my tax planning, which includes non-investment issues like estimated taxes, timing of charitable contributions, planning for children's college education, and estate plans.

It is a taxable account - I am not concerned at this time with my deferred accounts since I will not owe tax on these for many years. I understand how to use a portfolio tracker for pre-tax performance; I am struggling a bit with tracking long-term performance accurately. If I sell a stock and owe taxes, it seems that the tax should be "subtracted" from the portfolio for tracking purposes to remain accurate. Again, I realize the difference between tracking and real-world: I would probably just pay the taxes with money from somewhere else instead of withdrawing from the brokerage account. Maybe I am being too picky in my tracking? But my performance will be artificially high if I do not account for the amount that goes to Uncle Sam.

You may owe estimated taxes before April 15th

At the risk of sounding uninformed, in what cases are estimated tax payments required?




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