[Harts100]

My aunt worked for General Telephone in the early '50s in Lancaster, CA.
Bought stock through company program for six years.
She was scammed out of it, or sold it to pay the scammers
In 2012 for approximately 47K. Don't know # of shares.
We have taken over her finances and are trying to determine what she paid for the stock (1945-1951) for 2013 income-tax purposes.
Can you help us ?
G & I Hart

[ebaines]

General Telephone merged with Bell Atlantic back in 2000, and the combined company became Verizon, so I don't see how your aunt could have sold GTE shares in 2012. I assume that what you really want to know is how to determine the cost basis for VZ shares sold in 2012 that were originally GTE shares bought back in the 50's, right? I also assume that you have already tried looking through your aunt's personal records for any statements from back then that would show how much she invested over the years.

There's a history of GTE's stock dividends, splits, and merger with Bell Atlantic on VZ's shareholder web site - see: Investor Relations . So if you can find out how much she paid for each lot of GTE stock you ought to be able to figure the adjusted basis. I also suggest that you try calling VZ's stock transfer agent, Computershare, to see if they may have the ability to resuurect her purchase history. Contact info is on the VZ website: Investor Relations

Finally - you say you don't know the number of shares sold, but she would have received a 1099-B statement for 2012 from the broker indicating how many shares were sold, when, and for how much. Do you mean that she has not received this form?