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Financial Planning / Tax Strategies


Subject:  Re: Cost Basis Date:  11/27/2012  1:44 AM
Author:  stockmover Number:  116985 of 127753

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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