Need help - ASAP

[Rudeboyelvis]

Originally Posted by TheSpyder

So let's say I use someone elses account and hit $2k off a 10 cent super, how much would he be in for? Just trying to figure out what to give him that is fair.

If he has over 2k in losses at the end of the year he can use it to offset the gain - the answer really won't be known until the end of the year when he finds out if he's going to be burdened with paying taxes on the gain or not. the standard withholding on 5K or more is 25%.