Removed!

YaHa

Thanks for the help. Yaha

Barry

The long term capital gains tax rate is 15%. If his calculations are correct, he's made just under 4 million in profit on this stock. Does that sound right to you?

My advice - contact a CPA/tax attorney. They can play all sorts of games to defer taxes, etc.

nickel

selling a stock or mutual fund , whether it's all shares or some ,
creates a reportable transaction . a gain is taxable , a loss is deductible .
reinvesting dollars does not cancel the previous transaction .
there are instances where an ira / keough can be rolled over
with no liability . too many variables to answer in one sentence .
we are coin collectors and dealers . one should not use these boards
for proper answers . with the amount of money involved , you should
consult a tax attorney or Certified Public Accountant .