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URL:  http://boards.fool.com/cost-basis-calculation-whadda-headache-11907308.aspx

Subject:  Cost basis calculation (whadda headache) Date:  2/1/2000  10:31 AM
Author:  CrowTRobot Number:  26587 of 121114

OK, I looked in the FAQ and couldn't find this. Maybe I'm blind or something. :-)

Here's the scenario I'm looking at: Bought 3000 shares of X on Dec 21st, 2000 shares on Jan 5th, 750 shares on Jan 15th. Sold 4500 shares on March 3rd. When entering this in TurboTax, how do I calculate my cost basis? I got my 1099 and my monthly statements, but I'm not sure how to split this up; do I average the cost basis, and if so, what do I do with the date? AFAIK, I can only enter one date for the purchase.. should I make _two_ sales, one for 3000, and one for 1500, and reference back to the first two purchases of the stock for the cost basis? I'm confused. I got some 80 trades on my 1099 so I better get cracking...

-Crow (don't wanna be audited)

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