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Old 01-08-2014, 07:22 PM
  #6  
Bzzt
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Joined APC: Jan 2013
Posts: 1,648
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Originally Posted by bgmann
Anyway to avoid income taxes? My payout was only $430. So isn't it true that if it is less than $600 there is no tax? If I am taxed, can I roll it into a traditional or Roth IRA fund and not get taxed? Thanks in advanced!
Obama gets his cut whether you like it or not. I think it's considered a capital gain but I'm no accountant so I'm not sure.
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