Five years ago I sold some shares of stock at a loss and summed that loss into my 1040 Schedule D capital gains for that year. In 2006 I received a settlement check for about $800 resulting from a class action suit against the company whose shares I'd held. Is it proper for me to show that settlement payment amount as a long term capital gain for 2006? If not, how should it be declared? Thanks,
Jeff
-- Jeffry Wisnia (W1BSV + Brass Rat '57 EE) The speed of light is 1.8*10^12 furlongs per fortnight.
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