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[QUOTE]Originally posted by poorman: [QB] [QUOTE]Originally posted by greenhorn: [b]Trader O is that because they are a dividend and you never had to buy them so they ding you with the taxes when you get them. That might be a gamble accepting the shares? I never thought of that, so much for a newbie to learn. Lets say I buy a stock ABCD at $1000 and sell it at $2000, then I had $1000 profit and should put $300 away for taxes. Right???? Greenhorn[/b][/QUOTE] Yes Greenhorn you need to pay atention to how much tax you will owe or get a big suprize next year. This is one of the reasons I trade in non taxable accounts. You also need to track your losses as these go against your gains. You either need to be very carefull or have a accountent. The down side to the nontaxable accounts is you are restricted to how much money you can invest each year. [/QB][/QUOTE]
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