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They were not sure if there will be tax implications for liquidating the stock. I would like to know if We'll at any time receive the remainder. In my circumstance, I bought the Yahoo inventory back in 2013, so I'll be paying capital gains.
Thanks for your reaction. Having said that, I double checked with my broker & they don't know whether it's a partial or final distribution or not. It truly is from an exceedingly old stock which was taken in excess of quite a long time in the past & now it truly is Keeping organization. Not one person appears to have any information on it.
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Thanks for that follow-up. Allow me to know if this assists and I'll insert it to the answer. If it had been a partial liquidation, there's nothing to report on the tax return.
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