Gift offffffff Shares

Eberhard Muller's Avatar

Eberhard Muller

18 Jan, 2025 11:34 AM

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

  1. 1 Posted by Stuart Beesley ... on 18 Jan, 2025 02:50 PM

    Stuart Beesley (Mr Toolbox)'s Avatar

    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. 2 Posted by Eberhard Muller on 18 Jan, 2025 05:13 PM

    Eberhard Muller's Avatar

    Ok, thanks. It worked.

  3. 3 Posted by dwg on 18 Jan, 2025 09:32 PM

    dwg's Avatar

    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. 4 Posted by Eberhard Muller on 18 Jan, 2025 09:33 PM

    Eberhard Muller's Avatar

    Ok, thanks.

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