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May 26, 2020
Question

Do I need to declare my IPO stocks I purchased in 2019?

  • May 26, 2020
  • 2 replies
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2 replies

LudwigVan_fan
Employee
May 26, 2020

What do you mean declare?

 

If you purchased the stocks, still own them and received no dividends, then I don't believe there is anything to declare.

 

Unless you purchased them at a discount as part of a compensation plan/package???

 

But without more facts involved, one can't say for sure.  However, just the act of purchasing stocks at FMV, continuing to hold the stocks, and no dividends received, there really isn't anything to declare.

**Disclaimer: Effort has been made to offer correct information; but due to the discussion forum limitations, the poster disclaims any legal responsibility for the accuracy of the poster's response**
May 26, 2020

with purchases normally there's nothing to report.  only if they are sold or go worthless would there be a need to be reported.   the exception might be if you purchased certain foreign stocks the than through a US exchange.