DD Support Board and Research Team

[bar1080]

"possible problem for a new shareholder would be 81 years of unrealized capital gains." if liquidated.

Wonder whether IRS computers could deal with loooong term capital gains on stock... acquired in 1935. Unlike stock held thru generations in a family with a stepped up basis upon each death, the 1935 tax basis would still apply. An oddity that might trigger an audit???