The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Dividend Reinvestment and Cost Basis||Date: 4/5/1999 11:22 PM|
|Author: TMFTaxes||Number: 13788 of 122562|
[[This is the first year that I've had to file schedule D and I'm not sure how to do
so. I received 1099Bs due to a bank merger and need to figure out the cost
Check out my posts on this issue in the Taxes fAQ area. In short, you'll have to call the bank investor relations people in order to get the FORMULA that you must use to allocate your basis in the shares that you previously owned.
[[ I was told by the IRS that I had to add in the stock splits and dividend
reinvestments. I've read their instructions and still don't understand. Can anyone
Start with my posts in the Taxes FAQ area. That should help you narrow down your questions. Then you can come on back and focus on your specific issue.
Want to learn more about taxes and investing? Then we have a deal for you!! The Motley Fool Investment Tax Guide is now available through Fool Mart. Be the first one on your block to own this masterpiece. It'll help you with your 1998 taxes, and it's never to early to start planning for your 1999 taxes. So just click on this link (http://www.foolmart.com/market/product.asp?pfid=MF+013+I) to read more about this amazing collection of tax information. (Apologies for the shameless plug…but it is a pretty good book…if I do say so myself). In addition, if you would like to visit the Taxes FAQ (Frequently Asked Questions) area, click on http://www.fool.com/school/taxes/taxes.htm and you'll be right at the home page. Check it out. Finally, if you need to get to the IRS web site, click on http://www.irs.ustreas.gov to go directly there.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|