Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Thanks, Phil -- I was just trying to figure out what that other poster was saying. All I could think of was that you could let dividends accrue in your Roth, and then later actually take the money from the Roth (or actually any money from there) and not have to pay tax.

I was trying to figure out that 5 year thing though. Now -- I just remembered -- wasn't there something a few years ago where people could take their long term stocks and do a pretend sale of them (a deemed sale, I think it was called), and then they could hold the stock even longer for some extra long holding period. Was that 5 years? Whatever happened to that? Did the people who did a "deemed sale" have to pay capital gains tax right then? (I'm assuming that the stocks actually rose in value!) If so, it seems to me that, assuming again that the stocks rise in value, they will have to pay capital gains tax again. (Or was it that they didn't have to pay any tax the first time, but just had to start a new holding period?) Anyway, whatever happened to that longer term holding period?

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.