I rolled over my company highly-appreciated preferred shares from my tax-deferred company account to my (non-retirement) taxable brokerage account in Sept 2016 to take advantage of NUA treatment. I have not sold any shares yet. My understanding is that the cost basis was reset when I moved them, and that I have should leave them there for at least one year to be able to qualify for long-term capital gains taxation. Does this sound right to you? Is there anything I have to report in the 2016 taxes?
