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Re: newflow post# 678493

Sunday, 02/13/2022 1:50:03 AM

Sunday, February 13, 2022 1:50:03 AM

Post# of 730620
I too believe it would be a settlement, not a taxable stock/ordinary income/LTCG, gain. The stocks were wiped out and we were given escrows with no basis in the settlement. So I'd say it is tax free, but you know how the IRS is....they want their piece of the pie. They would be withholding 28% and it would be our job to get it back. Good luck with that, but we'll try.
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