"Rodger Belger" <nodelay[at]worldnet.att.net> wrote:

- quote -

Not exactly sure what you are referring to as a special
dividend. I'll speculate that it may be a stock dividend.
That is a dividend only paid in shares of stock. If that is
the case, you have to adjust your basis accordingly.

Your CPA/tax advisor should be able to help you with these
calcualtions.

___________________________________
<<< Benjamin Yazersky, CPA [NJ & NY] > > -----> real address on hobokeni or hobokenx <-----

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I would appreciate any information on the following
situation. I have owned shares of a company for 10 years.
In the past 5 years, the company has paid quarterly
dividends, along with a special yearly dividend of company
stock. My question is: I have sold all shares, and would
like to know how to incorporate the special dividend when I
figure out the capital gain on this stock.

Thank you for your time.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >