Skip to main content
No. of Recommendations: 0
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.

BGP

Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
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.