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Community: Investing Wiki

Term Of The Hour

taxes cashed-out securities: Original post by Jane Meggitt of Demand Media Inheriting stocks can be a windfall, but cashing them out usually involves possible payment of capital gains taxes. Determining the basis of inherited stock is very simple, and doesn't require going any further back in stock purchase history than the day the benefactor died. Even if the stock shares were originally purchased over time, only that one…

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