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If I sell my shares of stock A to stock B, will I be taxed?
I want to know if I will lose money through taxation environment A sale and purchase of B. help me weigh the pros and cons of the decision to sell. If so, what percentage might be seeing? Thank you very much you learned of the stock market;)
Yes, if you made a profit. If you had a loss, you can use that as a deduction on your taxes, up to $ 3,000 per year. As for how much will be taxed, depending on the time it was "A Collection." If held for less than a year, is taxed at your regular tax bracket. If held for more than a year, is taxed less, but still relies on its scale of taxes. Check out this site to see their level of taxes and the resulting percentage will have to pay: http://www.walletpop.com/taxes/article/2008-tax-brackets/92756
Dana VanDen Heuvel at The Social Media Marketing Workshop