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Stock Question
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<blockquote data-quote="Channahon" data-source="post: 192368" data-attributes="member: 7666"><p>If I remeber right, you have to hold onto your discounted UPS stock for 2 years before it is taxed as regular income. So if you sell before the 2 years, whatever your tax bracket is you pay regular taxes. If you hold onto it for over 2 years, the stock is taxed at capital gains at 15%. Hold onto your wallet, that may change when the democrats get in office.</p></blockquote><p></p>
[QUOTE="Channahon, post: 192368, member: 7666"] If I remeber right, you have to hold onto your discounted UPS stock for 2 years before it is taxed as regular income. So if you sell before the 2 years, whatever your tax bracket is you pay regular taxes. If you hold onto it for over 2 years, the stock is taxed at capital gains at 15%. Hold onto your wallet, that may change when the democrats get in office. [/QUOTE]
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