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http://boards.fool.com/the-calculation-isnt-difficult-and-you-will-need-10155699.aspx
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| Subject: Re: Amend Return or Wait and see? | Date: 4/16/1998 9:04 PM | |
| Author: ataloss | Number: 3564 of 119695 | |
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The calculation isn't difficult and you will need to do it to allocate basis when (or maybe if) you sell ATT or Lucent shares. The IRS should have a record of this payment and may generate a letter to you. I bet that they have better things to do. By the way, I saw in and IRS email that more than a million taxpayers have failed to file a needed schedule D. In the past this wasn't required for some mutual fund shareholders without other events to report. They are all getting letters to re-file with schedule D. |
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