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Old 01-09-2014 | 03:02 AM
  #8  
BlueMoon
Gets Weekends Off
 
Joined: Feb 2007
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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!
You'll pay capital gain tax on it.
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