As explained on the Stock Rights page of this website, you may (but are not required to) allocate your cost basis to stock rights that you receive that represent less than 15% of the combined value of the rights plus original stock. If the rights represent more than 15% of the combined value, you must allocate your cost basis; it is not optional. Optional cost basis allocation is elected by attaching a statement to your tax return and a statement is required for major holders.
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Click on the image to the right to
access the Stock Rights Calculator for
easy computation of your cost basis
allocation for stock rights issued
by companies you own. Data for recent stock rights issuances
such as Barclays plc, Lloyds Banking
Group, Bank of Ireland, National Grid
plc, and HSBC are pre-loaded in the
calculator for you.
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| Stock Rights Calculator |
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