If the distribution is done after Jan.1,2001, then would the IRS consider it the same as if the stock had been purchased after Jan. 1,2001 ? The income taxes would be paid on the distributed value.Is it correct that if the stocks are thereafter held for 5 years or more in the taxable account, the difference could be 18% vs. 20% capital gains rate, at a 28% tax bracket?Correct. The holding period for stocks distributed from an IRA begins on the date of distribution.TMF ExROPhil Marti
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra