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oldhamtrader

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oldhamtrader

Re: camofpp post# 11488

Tuesday, 02/23/2021 1:37:58 PM

Tuesday, February 23, 2021 1:37:58 PM

Post# of 11618
1099 from my broker did not show the distribution. My brother uses the same brokerage, sold his stock and proceeds showed on his 1099. Tax person said I am only liable for amount on 1099. I concluded taxes will be due if I sell shares or when the company is liquidated. Sorry, I should have stated it was my conclusion and not made it sound like fact.
Please do not take what I say as tax advice.
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