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If I understand your question, all futures trades are treated as 60% long
term and 40% short term regardless of holding period.
Earl
----- Original Message -----
From: "BobsKC" <bobskc@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, May 19, 2001 4:45 AM
Subject: Re: [RT] Taxes: Futures vs. Stocks?
> 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
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