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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 91.00+0.1%3:59 PM EST
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To: Paul Senior who wrote (2533)5/7/2022 1:31:07 PM
From: Elroy  Read Replies (2) of 2978
 
I wonder if it's possible to speak with the broker and have them allocate the cost basis as I choose?

For example, all the cost basis could go against the cash received, so the new stock would be received with zero tax basis, and all the tax benefit (of the cost basis) would be incurred the cash portion of the deal? That seems best, then I can decide for myself when to sell the zero cost MXL stock.

I wonder.

Crap! My eleven year old son just tested positive for Covid.... Quarantine here we come!
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