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Jinpa asked..

"I have varying amounts of different companies given to me a different times throughout last year and this year. They are a nest egg for my retirement and will not be sold, so I suppose that in itself will avoid capital gains taxes...won't it?"

Bob H rpelied..

"As long as you hold onto the stock, there will be no tax due. When you eventually sell some stock, capital gains tax will be due at that time."

an additional note...

Dividends will be taxed even if re-invested.

The assumption is that these companies are all stocks. If shares of mutual funds are given, then capital gains as distributed by the funds will be taxed.


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