Income Taxes and Record Keeping ( tax ) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: KYA27 who wrote (835)	3/30/1998 1:52:00 AM
From: MJ	Read Replies (2) of 5810

KYA27 I ask my broker the same question the other day. I was hoping to give my daughter stock which I had bought at a very low price and had hoped the current higher price would be her basis. Per broker, the stock's basis to her will be the same as my basis. Since she is in a lower tax bracket, then if she were to sell she would pay less in capital gains. Hope I am wrong--or someone can tell me how to transfer $10K worth of stock more advantageously. MJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next