Replies to post #401188 on Mr Cooper Group Inc (COOP)

[WithCatz]

Rickaroo1 -- same as anything else.

Tax free if in a IRA/ROTH account. If in a retail account, same as anything else -- capital gains. But given it's been more than a year, long-term capital gains.

Now there may be some that want to be 'cute' with the IRS and claim it's a "settlement" or other form of non-tax item. I'd highly suggest checking with your tax accountant if you plan on going that route.

In other words, you can expect to get a regular 1099-B from your brokerage, and that recorded with the IRS.

[Olde English 800]

The taxes will already be taken off the top before money is disturbed, at capital gains rate. When we signed releases, this was in the writing. Try doi a Google search for a copy of the releases or call and ask your broker for a copy.

[Olde English 800]

The taxes will already be taken off the top before money is disturbed, at capital gains rate. When we signed releases, this was in the writing. Try doi a Google search for a copy of the releases or call and ask your broker for a copy.