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Author: TMFExRO Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 118719  
Subject: Re: DRiP sale and taxes Date: 12/20/2000 2:59 AM
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How do I fill out the Schedule D for this year, in which I have sold a DRiP? Do I use a different line for each buy transaction, or do I somehow average?

Well, Carole, let's look behind door number 3 for the correct answer. You report one sale per line, showing the purchase date as "various" and the basis as the total paid for the shares sold. Since this is a DRiP, if you sold everything you probably have a mix of short and long-term holding periods, so you'll have one entry on line 1 and one on line 8, splitting the sale proceeds pro rata.

TMF ExRO
Phil Marti
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