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Bullboard - Stock Discussion Forum Red Eagle Mining Corp RDEMF

Metals & Mining Gold
Red Eagle Mining Corp is a Canada-based development-stage company. It is engaged in the exploration and development of mineral properties. Geographically it operates in the countries of Canada and Colombia. It focuses on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. The company primarily explores for Gold and owns... see more

GREY:RDEMF - Post Discussion

Red Eagle Mining Corp > right and taxes
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Post by Goldenalligator on Mar 01, 2018 5:46pm

right and taxes

does anyone know what to do with the rights in terms of taxes?

On turbo tax I see Red Eagle Mining RTS and both the blanks for gross proceeds and gain/loss and not filled in.

I rights no longer appear in my account and I didn't exercise the so I'm assuming I just enter 0/0 here, or does something else need to be done to calculate this correctly?

thanks for the help
Comment by staz on Mar 03, 2018 1:40am
Enter 0/0. You didn't pay for the rights and you neither sold them while they were traded nor you exercised them. No expenses, no profit to declare.
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