holding period for RMD shares to get capital gains treatment
If someone transfers shares in kind from their IRA to a personal account (to satisfy the required distribution), and later sells the shares. Is the calculation for the holding period (long term vs short term capital gain) based on how long the shares were actually owned, or when the required distribution took place?
Permalink Submitted by mk foss on Thu, 2009-03-12 17:14
The holding period begins when the shares are transferred to you. The basis is also determined based on the value when taken in kind.