TAXABILITY......................?????..................not sure.................might NOT be taxed at all................worst case is LT-CG..............20%..........................
.....remember our original CPA advice on this was how is the entry on the brokerage statement "worded".............................tried to find some examples.......all of the non-taxable examples came from a court - - and we are out of BK.........????......if you compare to a regular corporation that is liquidated - - the corresponding stock, private or public, has to apply the IRS standard and is a LT-CG.....................
..............and, only in non-IRAs, of course.............................just bring it, we'll pay the 20%......................some, only 15%........................onward..................
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