Beneficial Bancorp (BNCL) was acquired by WSFS Finl Corp on 3/4/19. BNCL shareholders received 0.30130 shares of WSFS + $2.93. Is the resulting gain the total cash received?
You'll need to sign in or create an account to connect with an expert.
I recommend you go to the Investor Relations website for Beneficial Bancorp and/or WSFS Financial Corp. They will have posted the details of how shareholder need to report this transaction for tax purposes.
Sharing this calculator tool I recently discovered:
https://www.costbasis.com/calculators/cashtobootmerger.html
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
makeitreynes
New Member
JR500
Level 3
cindi
Level 2
samw2
New Member
powell2
Level 2