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Author: carsnbikes Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 120809  
Subject: Re: Taxes on Profits Date: 8/30/2013 8:17 AM
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Thanks Ira...
That's what I thought but I wasn't sure. I have both an IRA and a ROTH and I'm over 50 so I could put $13,000 in those accounts. I happen to have bought a bunch of Ford stock at $1.78 so I'm up about 800%. If I sell enough to move into my IRA's I'd be paying 15% on a pretty good amount. Probably around $1700 in taxes. It may not be a huge amount but I don't try to make money just to give it away to our thieving gov'ment.

Thanks
carsnbikes
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