Whether you report the attain as a protracted-phrase or brief-expression money gain will depend on how long you have got held the stock.
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They were not sure if there could well be tax implications for liquidating the inventory. I want to know if We're going to at any time get the remainder. In my situation, I purchased the Yahoo inventory back again in 2013, so I will be paying out cash gains.
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Liquidating distributions, sometimes identified as liquidating dividends, are distributions you get for the duration of a partial or complete liquidation of a company.
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I owned Altaba too. Does any person know if / when there'll be a click here final distribution? I read that The main reason why it was partial (~75%) was because they reserved The remainder for tax explanations. It absolutely was effectively a Keeping firm for Alibaba stock, a Chinese business.
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