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New Member
posted Mar 29, 2025 10:08:55 AM

Is the sale of a stock which I received from a corporate spin off considered an investment I bought?

0 2 620
2 Replies
Expert Alumni
Mar 29, 2025 10:10:21 AM

Yes because you made the initial purchase, it is considered purchased.  You will, of course, have to adjust the basis.

Level 15
Mar 29, 2025 6:14:06 PM

You should find the basis of your new shares in the investor section of the company website.