The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/try-investor-relations-all-they-tell-you-is-talk-30630312.aspx

Subject:  Re: Capital Gain & Basis Date:  4/10/2013  2:43 PM
Author:  Zamboni Number:  118359 of 121600

try investor relations

All they tell you is talk to your tax advisor. That's why I tried here. P's board has not had a post since takeover in 5/12.

For cost basis on Schedule D, I allocated my basis in P's stock ($11,500) for the $7,000 cash reported on the 1099B based on the ratio between the cash and total of what I received - $13,000. i.e, 7/13 x 11500. I feel this is correct, but I cannot figure out a cost basis for my M stock.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us