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I recently changed brokers thinking that they would transfe all stocks to the new broker. However, and this is the kicker, they do not accept fractional shares so the old broker sold them. And I was already having trouble with figuring taxes when I go to sell the shares. My dividends were reinvested(I recently left a post re; cost basis of selling shares with dividends reinvested). So Schwab sold some fractional shares that were left with them .So can these fractional shares be considered as some of the dividends for the purpose of cost basis? And then when I sell all the original shares figure the cost from that as instructed above(#56 I believe) The amts will be only $200-$300. What a mess. I guess this is a cautionary tale for others.
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