If Shares Of Stock Are Gifted To Me What Are My Tax Responsibilities When I Sell?
Submitted by admin on October 5, 2009 – 11:07 amNo Replies
A web user asks, Gifted to me at $78.00 per share.A cash buyout is soon to take place at $80.00 per share. The gifter was given these stocks as a perk over years for working at the company and has never bought any of the shares.
Can you help them out? Post your advice!
Related Items:
- How can a major corporation turn over stock shares to the state 32 years after purchase?
- How Many Shares Of Stock Should The Club Buy For Its Investment?
- How To Account For Selling Shares In Private Company With ‘earn-out’ Payments?
- How can a company that is NOT listed on the stock exchange sell shares?
- What Limits The Number Of Shares Of A Stock That Is Available At A Given Moment?