UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: TheBadger Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 79066  
Subject: Re: Inheriting "company stock" NUA Date: 3/25/2000 12:12 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
You have just hit one of the three big controversies regarding the proper treatment of NUA stock:

1. Does the NUA stock get a step up in basis at death? Does the answer change on the relationship of the recepient?

2. What is the holding period after receipt of the NUA stock before you can sell it for a long term capital gain vs. a short term capital gain? 0 days, 183 days, 365 days?

3. When taking the NUA stock; one must distribute the entire account(s) in a "QLSD fashion": just the account(s) in which the NUA stock resides; or all accounts & plans the employee has with the employer?

There are conflicting authorities on all of these issues & as a result I think I know the answer & then something pops up to make me change my mind. I will be going on a research mission in late April & these issues are on my list (but not the very top of my list) so I can not guarantee I will get to them.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2015!
Fistula Foundation: A World of Good!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.