The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Dependents.... Date:  4/9/1999  11:51 PM
Author:  TMFTaxes Number:  14236 of 131416

[[If I keep my money in stocks and don't touch it
and simply reinvest my profits back. Do I still
have to worry]]

If you SELL your shares for a profit, you'll have taxes to deal with. There are no provisions to avoid or deferr taxes by "reinvesting" the profits.

Once you sell for a profit, the tax man cometh...regardless of what you do with the money.

TMF Taxes
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us