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Hugoton Royalty Trust Message Board

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  • mmbtuxx mmbtuxx Sep 17, 2012 11:58 AM Flag

    Tax Selling Question

    I'll get hit with round trip tax prob if you have also bought, in any account, this stock 31 days BEFORE you sell it. you can't buy 31 days before or after you sell, in any account. i got stung with this once when i didn't buy, but received dividends in kind, and those are viewed as buying, by the IRS. unsure if there is a diff in receiving dividends/distributions in cash vs in kind. if it's both, then that will make it tough [impossible] to sell this stock for tax loss, cuz we get something each month.

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