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whocares19067

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whocares19067

Re: OLD INVESTOR post# 43175

Friday, 09/01/2006 5:25:20 PM

Friday, September 01, 2006 5:25:20 PM

Post# of 92056
NO.................
It is NOT like a stock dividend that a company pays out in its OWN stock.
In this case there is NO CURRENT YEAR taxable consequence. In this case the cost basis is ZERO.
WHEN you SELL you have a 100% CAPITAL GAIN.




"Blessed is he who expects nothing, for he shall never be disappointed."
Alexander Pope

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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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