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<< I have sold few mutual funds last year and didn't know how to calculate the cost basis. Most of the 1099s that I received doesn't show the cost basic. >>

Bob gave you the information on your options for calculating basis. If you don't have the raw numbers, they should be on your periodic statements from the funds. If you don't have those, the fund can probably provide the information, but they may charge you for the service.

Phil Marti
Tax Preparer
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