SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Bob Morris who wrote (306)12/23/1997 10:56:00 PM
From: morse hintz  Respond to of 5810
 
Bob

We as individuals are in the eyes of the IRS are on a cost basis for everything. Its what you paid for it. If you bought 100 at 10 and it has split several time and you now own 1000 then you cost per share for taxe purposes would be $1per share.

Morse



To: Bob Morris who wrote (306)12/24/1997 9:48:00 AM
From: Colin Cody  Read Replies (1) | Respond to of 5810
 
Generally the MARKET VALUE at the time of a split has NO MEANING for tax purposes.
.
The basic rule is your original cost, as adjusted by the split, among all shares held at the time of the split.
.
Colin


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News