Beginning Investing Message Board: TEFRA WITHHOLDING?

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TEFRA WITHHOLDING?

Posted by Travis on 3/15/2006, 10:22 am

I bought a stock at $0.15 and sold it at $0.20 making a net profit of $28.93, however my account says that I owe $36.44 for the transaction for "TEFRA WITHHOLDING".
WHAT IS TEFRA WITHHOLDING and why is is more than the total profit on the sale?

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