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Does anyone know how I account for the Brown-Forman [ BF-A] 3-2 Stock split distribution today? I have two questions.

1. One is for tax purposes. I am holding it in a taxable account. Am I taxed on them as a distribution in 2012 or do they just average into my average cost basis and affect my cost basis if I ever sell the shares?

2. When I enter the additional Shares on my Motley Fool Scorecard. Do I just put the number of shares and today's date and 0 as the cost per share? or do I have to do some math and add them to my original number of shares purchased and then do an average purchase price with the new number of shares based on the original cost basis?

Thanks in advance for your help.

Shari
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The transaction is a stock split--
http://www.brown-forman.com/news/releases/1478.aspx

1. Cost basis adjustment i.e. 2/3 of the cost/share one originally paid for the shares.

2. Same as #1
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Dear Houhum 77,

Thanks,
Shari
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