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#1
2nd March 2004, 12:09 PM
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unusual capital gain tax question
I opened an etrade account while I was not a US tax resident 7 years ago. I bought some stocks and kept them in the account. Last year, I became a US tax resident. I also sold some shares and made some profit. Now I need to report tax on these gains.
My question is: is the gain considered taxable since when I bought the shares, I was not a US resident? anywhere I can check on such info? thanks. 
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