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awrych
New Member

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

 
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MaryK4
Expert Alumni

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

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

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

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

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