Can I have two NUA brokerage accounts
This year I plan to taking NUA tax rules to split total of my 401k company stocks into two separated and different financial company brokerage accounts. Is OK?
This year I plan to taking NUA tax rules to split total of my 401k company stocks into two separated and different financial company brokerage accounts. Is OK?
Permalink Submitted by Alan - IRA critic on Thu, 2024-04-04 15:31
Yes, that is OK. Both brokerages will treat the NUA shares as uncovered, so proper reporting of the ST or LT cap gains is your responsibility.