[PennyPincher]

Okay, I'm a definite newbie in terms of stock investments ~ but I'm giving it a try with some money I saved up.

Here's my question for you more experienced folks... What type of tax am I obligated to pay if I buy stock and then sell it at a profit? And will that show on my statements from my brokerage, or is there more to be done on my end?

Any advice is appreciated. Thanks!