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CDVJ - our pain is FINALLY over! Flying!
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[QUOTE]Originally posted by Trader O: [QB] Yes, I think everyone is on the same page now. If the free shares go down the toilet during the year, we will have a loss because we get taxed on the value of the free shares on the day they are given to us. So, using the same example, if we get 10,000 worth of shares and get taxed 3000 AND the shares become worth less than 3000 bucks, we have a loss. And yes, if you have income to write off, having a loss can be a good thing. If not, well, you get the picture. [QUOTE]Originally posted by poorman: [b] 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. [/b][/QUOTE] [/QB][/QUOTE]
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