The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: another cost basis question... Date:  2/10/2000  12:41 PM
Author:  UMsprite Number:  28170 of 124817

Corrected message, please ignore previous post....

ok, i need to know if i've figured this out:

for individual securities, if i bought xyz company shares twice in one year,

50 shares @ $20/share = 1000, c.b= 20/share
20 shares @ $40/share = $800, c.b=40/share

and sold all of the shares at the same time at $50/share (in the same year as purchased), since you cannot use an average cost basis for stocks, do i list the final transaction as separate
transactions on my tax forms?

ie 50 shares sold at $50/share, gain of $1500 and
20 shares sold at $50/share, gain of $200?

or do i just calculate the two different gains and then add them together?

and if the stock split after i purchased all of the shares, will the cost basis be 100 shares @ $10/share and 40 shares @ $20/share?

Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us