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How do you compute the cost basis for the Kraft spin off of Mondelez?
Relative values at date of spin off
What is the cost basis of LSI Corp at the time of spin off?
20
You are trying to find the cost basis for some Alltel stock that you sold in 2007 It was a spin-off of Sprint which was a spin-off of Centel Do you know what the share prices were in those spin-offs?
Drip Wizard (www.dripwizard.com) states that you should take your cost basis in the original Sprint shares that you owned, and allocate 18.14% of this to the Alltel shares that were spun off and keep 81.86% of the remaining basis to stay with the Sprint shares. For example, if you paid $1,000 for the Sprint shares, $181.40 is now the new basis in Alltel and $818.60 is your new basis in the Sprint shares.
How do you determine the cost basis of a stock involved in a spin-off?
The "spinning-off" company must provide this information. You can usually find it on the website of the company which spun off the stock, generally under its "Stockholder Relations" tab. It would likely give you the percentage of the prior cost basis of the spinning-off company to apply to the stock which was just spun off, or a formula to apply which you must calculate yourself. Often, you, as a stockholder, would have received information prior to, at or just after the spinoff took place, especially if it was also part of a merger. This information can also be obtained in the public library, if you have a larger good one nearby, in the reference section. There is a publication called something like, I believe, "Capital Changes Report." Someone who works in the reference section can help you find the information within. See Related Questions for a good example of how to determine the cost basis of a stock involved in a spin-off. This particular example is related to the Altria spin-off of Kraft.
What is the cost basis for the IAR stock from VZ?
Special Note: Different Methods for Calculating Tax Basis in Verizon Following the Spin-off of Idearc Shareholders of Verizon who received shares of Idearc in the spin-off are required to allocate their aggregate tax basis in their Verizon shares between the Verizon shares and the Idearc shares that they received in the spin-off in proportion to the relative fair market values of their Verizon and Idearc shares (including any cash received in lieu of fractional shares of Idearc). The distribution ratio in the spin-off was one share of Idearc for every twenty shares of Verizon. Verizon stock acquired after November 17, 2006 doers not require an adjustment to tax basis for the Idearc spin-off.U.S. federal income tax law does not specifically provide a method for determining the fair market values of the Verizon shares and Idearc shares. There are several potential methods for determining the fair market values of the Verizon shares and Idearc shares, including: # the opening trading prices of Verizon and Idearc on the first regular trading day of the Idearc shares ($34.82 and $26.50, respectively, on November 20, 2006); # the average of the high and low trading prices of the Verizon and Idearc shares on the first regular trading day of the Idearc shares ($34.90 and $27.57, respectively, on November 20, 2006); and # the closing trading prices of Verizon and Idearc on the first regular trading day of the Idearc shares ($34.67 and $28.20, respectively, on November 20, 2006). There may be other methods to determine the fair market values of shares of Verizon and Idearc for purposes of allocating tax basis following the spin-off. Additional information & an example can be found at: http:/investor.verizon.com/shareowner/cost_basis_worksheet.aspx
How do you compute the cost basis for the Fairpoint Communications spin off?
How do you compute the cost basis for fairpoint communications spin off
What is the cost basis for the Adient spin off?
The cost basis for the Adient spin off is the original price paid for the shares of the parent company before the spin off occurred.
What is the cost basis of Lucent stock spun off in 1995?
The cost basis after the spin off was 27.99. In addition, the at-cost basis was at 72.01 of previous basis.
What is the cost basis for the Citigroup spin-off to Travelers in 2002?
cost basis Citigroup travelers 2002
What is the cost basis of lsi at the time of spin off?
20
How do you compute the cost basis for the Kraft spin off of Mondelez?
Relative values at date of spin off
What is the cost basis of LSI Corp at the time of spin off?
20
What is the cost basis for the Altria spin off of Philip Morris International?
The cost basis for the Altria spin-off of Philip Morris International would be the amount paid for the shares of Altria prior to the spin-off. If the shares were acquired before the spin-off, the cost basis would include any transaction fees or brokerage commissions paid at the time of purchase. It's important to consult with a tax advisor for specific guidance regarding cost basis calculations.
You are trying to find the cost basis for some Alltel stock that you sold in 2007 It was a spin-off of Sprint which was a spin-off of Centel Do you know what the share prices were in those spin-offs?
Drip Wizard (www.dripwizard.com) states that you should take your cost basis in the original Sprint shares that you owned, and allocate 18.14% of this to the Alltel shares that were spun off and keep 81.86% of the remaining basis to stay with the Sprint shares. For example, if you paid $1,000 for the Sprint shares, $181.40 is now the new basis in Alltel and $818.60 is your new basis in the Sprint shares.
What was stock MIPS worth when spin off from Silicon graphics?
The following is regarding MIPS spin-off from SGI in June 2000. The MIPS cost basis is 57% of original SGI cost basis. Likewise the SGI basis is 43% of original SGI cost basis. In the spin-off, an owner of 1 share of SGI received 0.13858 of MIPS. Fractional shares of MIPS were settled in tax year 2000. I found this information in my year 2000 tax folder.
How do you compute the cost basis for the spectra energy spin off of duke energy?
To compute the cost basis for the Spectra Energy spin off of Duke Energy one is recommended to contact and make an inquiry with a financial or tax adviser. Duke Energy received a ruling from the IRS to the effect that the distribution of its shares of Spectra Energy qualifies as a tax-free distribution for U.S. federal income tax purposes. As a result shareholders will not recognize gain or loss.
What is the tax basis for the Adient spin off?
The tax basis for the Adient spin off refers to the value assigned to the assets and liabilities transferred from the parent company to the new, separate entity. This tax basis is important for determining the tax consequences of the spin off for both the parent company and the new entity.
