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Author: aj485 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121258  
Subject: Re: Stock price history of defunct companies Date: 2/25/2012 7:44 AM
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Over the years my stock was moved from broker to broker by Conoco and ConocoPhillips. I was eventually laid off by COP, and I then consolidated all my COP stock with Vanguard - some IRA, some non-IRA.

Now I would like to sell all my COP stock, but I need to know the cost basis of the stock, at least on average.


I would suggest that you don't need a cost basis for any stock that's still in the IRA. As they say about Vegas, "What's in the IRA, stays in the IRA". Since IRAs are not taxed until you start withdrawing, and even then, they are taxed at ordinary income rates, not based on capital gains, you don't need to have a cost basis for the stock that's in the IRA.

AJ
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