Ask Experts Questions for FREE Help !
Ask
    Avocado101's Avatar
    Avocado101 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 26, 2009, 09:20 AM
    Tax basis for ATT shares
    I recently sold my ATT stock, where can I find my basis for tax purposes, e.g.stock plits acquisitions etc.
    MaggieMouse's Avatar
    MaggieMouse Posts: 226, Reputation: 8
    Full Member
    		  
    #2

    Apr 1, 2009, 07:24 PM

    Just use your acquisition price at the time you bought them.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Reporting Cash Basis versus Accrual Basis Income [ 3 Answers ]

Please help, I'm confused. Music Company had the following transactions in March: a. Sold instruments to customers for $10,000; received $6,000 in cash and the rest on account. The cost of the instruments was $7,000. b. Purchased $4,000 of new instruments inventory; paid $1,000 in cash and...

Issuing new shares, to purchase assets that increase the value of all of the shares, [ 2 Answers ]

As an example ABC ltd, has assets of $500,000 and liabilities of $500,000, with a turnover of $100,000 and a profit of $10,000, retained earning of negative $20,000. ABC Ltd was set up with only one share and it is held by the single share holder. Then ABC Ltd (under the direction of the...

Reporting cash basis versus accrual basis income [ 1 Answers ]

Please help me. I am an online student and new to accounting. Forllowing transactions in March. Do both cash basis and accrual basis income a) Sold instrument to customers for $10,000; received $6000 in cash and the rest on account. The cost of the instrument was $7000 b)Purchased $4000 of...

Reporting Cash Basis versus Accrual Basis Income [ 1 Answers ]

Mostert Music Company had the following transactions in March: a. Sold instruments to customers for $10,000; received $6,000 in cash and the rest on account. The cost of the instruments was $7,000. b. Purchased $4,000 of new instruments inventory; paid $1,000 in cash and owed the rest on...

View more questions Search