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Financial Planning / Tax Strategies
|Subject: Howto report payment from securities litigation?||Date: 10/30/2013 2:34 PM|
|Author: tangofan||Number: 119423 of 124470|
A few days ago I received a check for a little over $20 as payment from a class action suit against Washington Mutual on behalf of investors.
Since I haven't held this stock in my portfolio for several years (so I can't subtract the payment from any cost basis), how do I report this payment on my 2013 tax filing?
Thanks & best regards,
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