When to Sell Stock
 

I bought a nice little chunk of stock with a company that I used to work for with their Employee Stock Purchase Program.

I was curious as to the taxes involved if I sell it within the year? What taxes would I expect there, and what taxes would I expect after having it for a year?

Re: When to Sell Stock
 

IIRC, hold it for at least a year to qualify for long-term cap gain rates. Sounds like it was NOT an non-qual/incentive SO program but simply an SPP.

Most of the time, the info will show up on your year-end W-2 and related statements showing basis and gains.

If you sell it within one year, any gains will be taxed at your orginary income tax rate. Long-term is either 5/15% taxes (federal), depending on your income tax bracket.

thanks that's exactly the info I needed to know!