The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/tax-question-on-fractional-shares-26346039.aspx

Subject:  Tax Question on Fractional Shares Date:  2/3/2008  1:16 AM
Author:  quitman100 Number:  98248 of 121316

Hi Everyone

I'm almost embarrassed to ask this, but here goes:

I owned DUK stock which spun-off Spectra Energy. Fractional shares were not issued so I received a check from Spectra for the grand total of $23.15 for the fractional part.

The DUK shares were accumulated at various points. So, I'm not sure for income taxes what to put for my date acquired, cost basis, and date sold.

Any help would be appreciated.

Best,

David
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us