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URL:  http://boards.fool.com/ltlthow-is-the-holding-period-calculated-for-a-10061921.aspx

Subject:  Re: Holding period on stock resulting from split Date:  12/9/1997  1:33 PM
Author:  KATinChicagoland Number:  851 of 121565

<<How is the holding period calculated for a new share resulting from a stock split? Does it have to age 18 months to qualify as a long term capital gain/loss?>>

The tax law quite sensibly assigns to the new shares the same holding period as the old shares.

BTW, the holding period for long-term capital gain or loss is still 12 months (actually 12 months plus one day). The difference under the new law is that you may qualify for a better rate if you hold for more than 18 months.

KAT in Chicagoland
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