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sonicool83 · Joined: 16 Sep 2009 Posts: 11 3.66 Dollars($)

I have just sold 100 my shares that
i was aloted in a IPO and got 30 % profit in a span of 3 months,
just want to know is this amount taxable,
iF YES ,How i can save tax ON MY SHARE PROFIT ?

hELP?

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)

Yes this profit is taxable

If you reinvest this money in any otehr stock and keep in ti for year yourtaxes may be less

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