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Frequently
Asked Tax Questions
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How
are ETF’s such as the NASDAQ QQQQ or S&P 500 SPDRs taxed? |
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| Answer: |
ETF’s
based on stock indexes such as the NASDAQ QQQQ or S&P 500
SPDRs are treated the same as if you were trading the underlying
stock directly. These investments are subject to capital gain
or loss and are subject to the wash
sale rules.
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