I own a number of shares of exelon corp and they recently had a split where a new company was created and a dividend paid in the form of shares in the new company. My question is, if I sell these new shares what would I need to pay in taxes? My normal income tax rate? If I hold them for a year is it all then long term capital gains? The information site says the dividend is tax free but I didn't understand if that was just for receiving the stock...
Submitted February 17, 2022 at 11:18PM by raineslc https://ift.tt/9wzLEQy
