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Author: Hohum77 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Re: Cost basis of stock sold Date: 4/15/2008 10:41 AM
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Maybe I'll just file my return tomorrow without including this sale of stock, and write to the IRS and ask them to send me a bill for the capital gains on a sale of 200 shares that netted $7309.

Not including the T sale would be a huge error and cause problems with the IRS. As others have suggested you could file with cost basis of $0/$50 for now. Research all the AT&T spin-offs, price splits, etc and file an amended return once you have the correct data.

Yes, someone turned AT&T basis tracking into a business.
You could get this resource to help (for a cost)
http://www.denvertax.com/att-tax-basis/Default.htm





Hohum
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