Recent content by JudyP

  1. J

    USA How are stock transfers reported on 1099-B forms?

    How are stock transfers reported on 1099-B forms? If I transfer shares of stock to my brother, is that reported on my 1099-B as a sale (even though the shares are not being sold) and is his cost basis updated to the current market value? How is it reported on my 1099-B forms if my broker...
  2. J

    USA swapping assets to avoid capital gains taxes

    After more research, I've concluded that the answer to the above question is "no". I submitted my follow-up question (How are stock transfers reported on 1099-B forms?) as a new thread.
  3. J

    USA swapping assets to avoid capital gains taxes

    My brother has a mutual fund with large unrealized gains that he wants to cash out. I have a mutual fund of equal value with no unrealized gains that I want to donate to charity. Can I spare my brother from having to pay capital gains taxes by swapping funds with him?
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