The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Cost Basis||Date: 11/27/2012 1:44 AM|
|Author: stockmover||Number: 116985 of 125003|
Just wanted to make sure that the IRS would be 'happy' with a cost basis of zero.
My experience has been that the IRS is ALWAYS happy with a taxpayers cost basis of zero ;-)
That is why when you combine the words "the IRS" it ALWAYS comes out THEIRS !!! ... Sorry Phil .. I couldn't resist.
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