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1,400 Posts.
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25/04/16
13:01
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Thanks for the reply hingdog.
So in the above scenario getting the original 1K back to my bank account
would then mean that $500 would be added to my taxable income for
that year?
The rest of the shares left in brokerage account would not be taxed on
any paper gains until the remainder of any shares are sold?
Not looking for tax advice...just trying to get a general idea how it works
so I can sort my strategy out.
Will obviously speak to a accountant at the appropriate time.
Cheers
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