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Inergy, L.P. Message Board

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  • habitsowner habitsowner Oct 22, 2012 12:08 PM Flag

    Can someone please help me?

    Thank you so much. The 40-cents I just put in as miscellaneous income. (Tax-treatment will be as a sale of a partial piece of stock, believe it or not.)

    And, at least for now, I assume I'll just put the 108 SPH shares in as added...from somewhere.

    Maybe later on NRGY will tell us more. Or SPH.

    Geez, I waited and waited to buy NRGY, hoping it would go down. Finally, in desperation, I bought...and THEN it went down. And down. And down. And now I don't like the stock at all!!!

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    • If you go back on Inergy Investor Relations or a news release, I believe there might be something in the way the SPH share distribution is treated for tax purposes. This is before the distribution took place in early August. Also, your broker may be able to help you because this happens a lot and they may be familiar with its tax treatment.

      Sorry about the price you paid for NRGY. That's why I don't like the Stock Market. It's a guessing game, or as I like to describe it, a casino.

 

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