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Author: hunkman One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121095  
Subject: Unrealized Gains Date: 1/12/1999 1:13 PM
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My port went through the roof this year but I haven't sold anything (being in the buy and hold mode). I don't have to pay taxes on what my stocks appreciated, do I?
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Author: cactusgal One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 8284 of 121095
Subject: Re: Unrealized Gains Date: 1/12/1999 2:00 PM
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You answered your own question in your title -- the gains are unrealized. Until such time as you sell, you really have no gain or loss. These are what are referred to as "paper gains" or "paper losses". If you have no trade slip, you have nothing to report.

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Author: TMFTaxes Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 8309 of 121095
Subject: Re: Unrealized Gains Date: 1/12/1999 7:33 PM
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[[My port went through the roof this year but I haven't sold anything (being in the
buy and hold mode).]]

Good for you...a very Foolish portfolio.

[[ I don't have to pay taxes on what my stocks appreciated,
do I?]]

Nope...only when you sell 'em.

Which is why stocks are much preferable to mutual funds. Your mutual fund company (if you had any...thank your stars that you don't) would be required to issue you your portion of the gains made by the fund during the year. That would be taxable income to you....and that stinks when YOU didn't really sell anything.

But with your stocks, YOU can control when you sell 'em, which means that you can more closely control the tax outcome. Beautiful, eh??

TMF Taxes
Roy

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