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Re: alppshareholder2019 post# 70531

Thursday, 02/02/2023 4:22:09 PM

Thursday, February 02, 2023 4:22:09 PM

Post# of 72944
Talk to the specific tax team at your broker. They may need to adjust your basis date(s) on the converted shares to match your original basis date(s). In general terms this is a stock dividend, and the general handling of those is that they do not constitute taxable events (which in turn means the dividend shares pick up the original holding period).

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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