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Greetings to All,

In the process of figuring out my cost basis for reinvested dividends I have a question.

Many of my stocks dividends were uncovered meaning that the company, Vanguard, did not list them in my 1099-B only covered shares. However, I have records from the start in 2001. The company only figures cost basis for covered shares.

If I can add up the dividends reinvested from 2001 until 2011, up to the time Vanguard started covering my shares, will not this additional cost basis amount help reduce my tax burden?

Hope I conveyed my question in a clear manner.

Thank you in advance for time and consideration in this matter.

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