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March 29, 2025
Question

Is the sale of a stock which I received from a corporate spin off considered an investment I bought?

  • March 29, 2025
  • 1 reply
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    1 reply

    March 29, 2025

    Yes because you made the initial purchase, it is considered purchased.  You will, of course, have to adjust the basis.

    fanfare
    Employee
    March 30, 2025

    You should find the basis of your new shares in the investor section of the company website.