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Author: JAFO31 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 124951  
Subject: Re: A Brain-Teaser ESOP Tax Question Date: 7/18/2014 1:43 PM
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<<<For the one I currently have shares through, getting the purchase price is just a matter of opening the web browser and going to the website of where my shares are held - they have all the information on acquisition date, purchase price, etc. for each lot.>>>

"In this instance, they have the table of purchase prices over the years based on information provided by the company. However, the shares have been through 3 or 4 different brokerages, as the company changed custodians over the years. Matching the lots will be virtually impossible, other than taking the monthly amount contributed and backing into the number of shares that would have been purchased each 6 months or year and backing into the basis taking into account conversions, splits and reverse splits."

If the person is disposing of all of the shares, why is matching lots of any consequence? As long as long-term and short-term holdings can be differentiated (and all shares are sold), then one needs only total basis for long-term holdings and total basis for short-term holdings. Given that short term is within the last year, that should not be so difficult to calculate.

Regards, JAFO
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