> I didn't want to cash the stock out immediately because I couldn't get info on the basis and what the capital gains taxes would be. You'd need to figure that

> I didn't want to cash the stock out immediately because I couldn't get info on the basis and what the capital gains taxes would be. You'd need to figure that out eventually anyway. Better sooner than later. But in any case, you could have sold the stock, transferred the money, and then re-purchased the stock and simply reported it as a wash sale. > by this time the stock market had tanked That can go either way. I've had stocks that I wanted to sell get held up, and go up in value in the meantime. So you have to just chalk that up to fate.