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New Member
posted Jun 4, 2019 9:37:30 PM

Are stocks I received from Prudential back in 2001/2002 due to demutualization of the company subject to capitol gains when sold?

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1 Best answer
Level 7
Jun 4, 2019 9:37:32 PM

Yes they are.  The IRS wants them entered as a cost basis of zero, long term holding period.

1 Replies
Level 7
Jun 4, 2019 9:37:32 PM

Yes they are.  The IRS wants them entered as a cost basis of zero, long term holding period.