The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Cost Basis for Stocks||Date: 2/16/2000 11:58 AM|
|Author: pmarti||Number: 28838 of 124467|
<< I've sold several stocks this year. I'm trying to figure out my cost basis. These stocks were held in a dividend reinvestment account. What's the formula? >>
If you sold all your shares of a company, simply add up everything you invested, including the reinvested dividends, and separate into short- and long-term.
If you sold only a part of your holding, you sold the oldest shares first. Start with your initial investment, adding purchases (including reinvested dividends) until you get to the number sold, separate into short-and long-term if necessary, and there's your basis.
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