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When any or all of the employer stock is sold, Bill will pay long-term capital gain rates, currently only 15%, on the NUA attributable to that stock, regardless of how long (or short) the stock was held after it was distributed from the plan.
FORBES: Mistakes To Kill A Tax Break
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Now, with a 1099 reporting your basis, sales price, and type of gain, the IRS can track how much gain you have and whether it is short or long term.
FORBES: Forms 1099 For Cost Basis: What, Me Worry?
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We still continue to believe that Mitt Romney's experience and time at Bain, the deals he was or wasn't involved in depending on how long he was there, his investments, the short span of which we know about, are important because it offers a prism for the American people into what he's all about and what kind of a President he will be.
WHITEHOUSE: The White House