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They were not guaranteed if there can be tax implications for liquidating the stock. I would want to know if we will ever acquire the remainder. In my case, I purchased the Yahoo stock again in 2013, so I'll be paying capital gains.
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Many thanks with the follow-up. Allow me to know if this allows And that i'll increase it to The solution. If it had been a partial liquidation, there is nothing to report with your tax return.
A liquidating distribution is not taxable until finally you Get well The premise within your stock. Right after which has been reduced to zero, you have to report the liquidating distribution being a cash attain.
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