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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: BRKNut ✧⎊  😊 😞
Number: of 22353 
Subject: Re: Capital gains tax
Date: 06/19/25 12:38 PM
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<< If I sell from IRA, i need to pay 10% penalty + income taxes, but I won’t have to pay capital gains tax.>>

Not sure if this applies or if it makes numerical sense to your situation but the 10% penalty for early withdrawal can be avoided by doing a 72t withdrawal. Aka Substantially equal payment plan (SEPP). It’s possible to designate a subset of the IRA account that gets SEPPed. Only hitch is the withdrawals have to continue for the longer of five years or 59.5 age. FWIW
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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