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Post# of 14684
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HomerBedloe

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HomerBedloe

Re: JNdouble1 post# 6464

Saturday, 11/10/2018 11:13:09 PM

Saturday, November 10, 2018 11:13:09 PM

Post# of 14684
It was my understanding that the shares are tax free until sale (as per another poster) with a cost basis of $0. So there potentially could be a significant tax implication if the pps climbs significantly. But if held for 1 year or more, taxes would be calculated at the capital gains rate of 15% for most of us.

I don't even know where one can go to confirm or modify that with the new tax code this year. Any thoughts of where to look or seek advice?
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