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Mutual insurance company converted to stock
I had homeowner and car insurance with a mutual company that converted to stocks. I was granted 150 shares of stock and after 20 years it is worth ~$11,000. I believe the cost basis would be $0.00 purchase price and therefore 100% of value is capital gains. How do I calculate the capital gains for this if I sell it?
‎September 29, 2021
11:16 AM