In 2008, nine years after retirement, I removed my assets from my
prior employers retirement plan. Most of the assets were rolled over
tax-free into an IRA but the company stock was transferred to me. I
paid income tax on the value of that transaction as determined by the >company.
The company provided me with the Cost Basis for the stocks transferred
to me, but I am wondering if the fact that I paid income tax on the >distribution increased the basis, perhaps to the value of the shares
on the day of distribution.
(I have left this unresolved for years since I had assumed when I die
the cost basis stock would be bumped up to the value on the day of my
death, but I've become interested in determing the cost basis now.)
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