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Yes, if you sell it at a profit there will be a capital gains tax to pay. You use a Schedule D form:
to compute the gain and state the dates and prices that you bought and sold it. A new lowered tax rate of (usually) 15% applies to capital gains on stocks held one year or more. The rate can be as low as 5% if you are in a lower tax bracket than 25%. A worksheet associated with Line 43 of the 2004 1040 form tells you how to figure the capital gains tax. You will find it in the instructions booklet for the 1040 form. The commission and fees associated with buying and selling the stock should be included when computing the net gain.