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The rate for long term holds is a maximum of 20% for equities. Short term
is treated as ordinary income as I'm sure futures trading profits are as well.
Bob
At 12:48 PM 5/19/2001 -0700, you wrote:
>I am familiar with filing taxes on futures contracts. But what is the
>difference on filing short term trades on stocks? What's the tax rate
>versus futures?
>
>Thanks, Steve
>
>
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