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Subject:  Re: Dividend Reinvestment - A Tax Nightmare? Date:  7/6/2008  6:45 PM
Author:  Wradical Number:  101273 of 127753

Average cost is acceptable to determine the tax basis for mutual funds - not for regular company stocks.

If you keep a reasonable up-to-date record of the history of your investments, it's not THAT much of a tax nightmare.

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