Standard Life return of capital payment on Form 11

Carnmore

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How should the recent return of capital payment from Standard Life be treated on the 2018 Form 11?

Is it classified the same as dividend income?
 

RedOnion

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It's subject to capital gains tax - you'll need to apportion the original cost between your 'new' shares and the 'B' shares redeemed.
 

Carnmore

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205
It's subject to capital gains tax - you'll need to apportion the original cost between your 'new' shares and the 'B' shares redeemed.
They were windfall shares and don't think they were 'B' shares in this latest return
 

RedOnion

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I understand they issued them, and then immediately bought them back?
This is the transaction that happened at the end of summer you're talking about?
 
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