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taxheadache

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taxheadache

Re: None

Thursday, 04/04/2013 1:37:00 PM

Thursday, April 04, 2013 1:37:00 PM

Post# of 730563
The WMI trust, the 1099 and everything.

So I just talked to the liquidating trust. Even though we didn't get a distribution we have been allocated assets in the trust and thus the 1099. We will not get another 1099 when if we get a distrubtion. Look at the "conversion" as a sale and use the cost basis for the H shares for the 1099.
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