Gift offffffff Shares
Hello,
I have given 100 shares each to my two children.. How do I reflect this transaction in my shares register please..
Thanks .
Eb Mullller
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1 Posted by Stuart Beesley ... on 18 Jan, 2025 02:50 PM
Are their accounts in this dataset?
Either way you must Sell the shares. Then Xfr the cash value out. Either to a category (for gifts) or to a junk account.
2 Posted by Eberhard Muller on 18 Jan, 2025 05:13 PM
Ok, thanks. It worked.
3 Posted by dwg on 18 Jan, 2025 09:32 PM
The often asked question is what price to sell them at. That usually depends on the taxation treatment in your country.
Where I am it would be subject to capital gains tax and the sale price would be the market value
4 Posted by Eberhard Muller on 18 Jan, 2025 09:33 PM
Ok, thanks.
System closed this discussion on 19 Apr, 2025 09:40 PM.