ST Alpha - "No, your basis would be split based on the percentage of the share price post-split for each stock. -- nm" (Reading a Post)

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In response to "Hrrmm --- stock question --- if a stock I bought has split into 2 different companies, how does that work taxwise?" by Will Hunting

No, your basis would be split based on the percentage of the share price post-split for each stock. -- nm

Posted by spamlet Nov 4 '13, 09:44

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Responses:

this was going to be my guess. -- nm - znufrii Nov 4, 09:45 1
- Really, you could use any reasonable method, but this would be the easiest and most defendable. -- nm - spamlet Nov 4, 09:46

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