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cost basis

September 10th, 2009 at 09:42 pm

Saving log - $3 tip boc
Spending log - $1.75 coffee
Found money - $0.01 (55 bus stop) + $0.10 (hall carpet at work)

Well, I got my username and password reset from the transfer agent, but my true goal is to sell some stock at a loss for tax purposes. For that, two more hurdles remain:

1. Figuring out the cost basis of the stock that I want to sell. Since this company spun off another company, its like a stock split, and the cost basis is not what I bought it at - its a bit less. A quick look around tells me that I can get a great cost basis for lots of $$$s, or an iffy one for cheap.

After step 1, I'm calling my tax advisor for his opinion. Basically, we are going to figure whether I can sell enough so I won't have to prepay any more tax.

2. No sell form on the transfer agent's site. I've have to call them and get the scoop.

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