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Author: lorenzo2 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 120800  
Subject: Re: Different Brokers = Different Lots? Date: 6/12/2003 5:06 PM
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Ok. It's still a little confusing. For example, you say you had three sales in 2000, but I only count two:

- the sale of fractional shares when you terminated the DRIP and xferred whole shares to buyandhold, and
- the liquidation of what remained of DRIP account after only part of it was transferred.

(It's not clear what you mean when you say "there was a selling fee, paid for by selling shares." Unless you actually made a third sale, say from the buyandhold account, then the fee - I assume charged by EK to liquidate the DRIP - is really just a basis adjustment...)

Well, never mind. Re your questions,

1) I think it's quite reasonable to just forget the amended returns, given the small dollar amount involved. The likelihood of your getting audited and having to substantiate your basis numbers is pretty much zero...

2) By all means, do the basis thing correctly with the 1999 shares, that is, use actual cost of shares (plus the usual commission/fee adjustments).

Lorenzo

P.S. This Carolina grad is always happy to sort out things for a confused Dookie.
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