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Strategies & Market Trends : SPARKY'S CORNER -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (3834)1/2/1999 10:51:00 AM
From: Judy Muldawer  Read Replies (2) | Respond to of 4142
 
What is really weird is I had already sold my existing shares of the stock for a tidy profit. THen, a few months later, some lawyers awarded all shareholders as of a certain date, a bunch of shares. I took all the shares and consolidated them into one account as they were originally in three different accounts.

So now that I have sold the remainder of the shares, I suppose I have to pay tax on the ENTIRE amount from ZERO to the cost per share when I sold.

No such thing as a free lunch, huh?

Judy
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