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Old 10-12-2007, 07:42 PM
SlowHabit SlowHabit is offline
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Join Date: Apr 2006
Posts: 1,509
Default Re: October [censored] thread

[ QUOTE ]
ah, ok. I didnt realize they treated trading earnings are regular income, I thought it fell under cap gains. I realized there was a difference between st. term and long term cap gains but I thought it was based on fixed rates, no short term = your regular tax bracket. That makes sense

[/ QUOTE ]
Actually, they only do so when you have a small regular income and large capital gains. If you make like 200k and has a 10k capital gains, I doubt they give you the AMT treatment.
 


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