Income Taxes and Record Keeping ( tax ) Message Board

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

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To: Colin Cody who wrote (2114)	4/10/1999 8:15:00 PM
From: Kaliico	Read Replies (1) of 5810

What to do with my Marvel stock warrants conversion??? I had some 3000 shares of Marvel Entertainment (MRV) stock, bought in 97 &98. Marvel no longer exists as these 3000 shares but was converted to 3 types of warrants with varying expiration dates. The they showed up in my account 1-7-99. The question, the total value that shows up in my account for these warrants is a whopping $20, yup twenty bucks! My original investment cost basis was around $3500. Is there a tax write off for me here for 1998 in some way. I searched for hours through the IRS for an answer, nothing. Any suggestion? Thanks. Best Regards, MJY

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