Capital Gains & Losses

Is the stock I received in a stock split taxable?

Answer:

No. Your receipt of stock under a stock split in not a taxable transaction. When you eventually sell any of the stock , it is then a taxable transaction. It will be reported on IRS Schedule D.
CPAdirectory
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Capital Gains & Losses Questions

View More Questions