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Post# of 69699
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cjw cpa

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cjw cpa

Re: threewheeler post# 56995

Tuesday, 04/07/2015 2:34:44 PM

Tuesday, April 07, 2015 2:34:44 PM

Post# of 69699
What cost basis do you intend to write off with your GCHI shares? Did you reallocate some of your cost basis in WNTR to GCHI? Or did you report a dividend of $60k in 2014 and saying that is your cost basis in GCHI?

If you didn't do either of those things there is no tax benefit in "writing off" you GCHI shares. Your cost basis in GCHI is zero, so you have no loss.
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