Erik Bassett
Mar 8, 2022

Thanks. And that’s a terrific question. I’d love to see that too!

I think the worst case (tax-wise) would be if returns from running the wheel for over a year equaled returns on the underlying shares. Then you’d pay short-term cap gains (22% or 24% for most of us) rather than long-term (15% for most) on the same gross returns. Not life-changing money, but still.

Erik Bassett
Erik Bassett

Written by Erik Bassett

Field notes from a (sometimes) simple life.

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