To: knarf
It’s capital gains and passive income.
That is: you don’t punch a time card for your money.
28%...
18 posted on
02/13/2014 6:13:57 AM PST by
Vendome
(Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
To: knarf; Vendome
It’s capital gains and passive income. That is: you don’t punch a time card for your money 28%... No. You are incorrect. Please see my post #19. And this is a good example of why people shouldn’t ask for professional tax advice on an internet forum. : (
To: Vendome
Royalties are not capital gains.
It is not a asset growing in value. It is the selling of a commodity.
22 posted on
02/13/2014 9:06:33 AM PST by
thackney
(life is fragile, handle with prayer)
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