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In specie distribution and tax return

Discussion in 'Beginner's Lounge' started by bonkerrs, Aug 28, 2012.

  1. bonkerrs

    bonkerrs

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    Can I please get some assistance with this?

    I just wanted to get up to speed on how this would be entered in a tax return, just in case my accountant isn't up to speed I can help lead them on the right path. Trying to save myself some accountant fees really!

    Please let me know what other details are needed to help with this!

    IMIin-specie2012.jpg
     
  2. So_Cynical

    So_Cynical The Contrarian Averager

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    They usually issue tax advise soon after wards...if not just treat it as a sale, disposal of shares.

    15 bucks :)
     
  3. bonkerrs

    bonkerrs

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    Thanks So_Cynical.
     
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