SI
SI
discoversearch

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 : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?


To: giddy guru who wrote (657)1/9/1999 2:30:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 1383
 
Most likely it is taxable income, and most likely the type is a gain of the same nature as you had when you sold the stock i,e, a short-term or long-term gain.

Most likely your cast basis is zero, so it is fully taxable.

Colin