The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/hey-debra-are-you-going-to-determine-your-cost-30542456.aspx

Subject:  Re: Gross Proceeds (1099-B) help Date:  2/14/2013  1:46 PM
Author:  nml Number:  117765 of 121477

Hey Debra,

Are you going to determine your cost basis for the liquidated partial share or just use a cost basis of $0?

definitely use $0...

Did you receive a 1099 for previous years? For amounts less than $10, a 1099 DIV isn't required but can be issued.

Will check and see when I get home, but sure don't remember one.... I don't remember seeing dividends of greater than $10 total in the past, but am certainly going to look back at the brokerage and my previous returns..

thanks again

Mick
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us