Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Do not know stock basis

fvillalta
Level 1

The account manager sold stocks and I had a capital gain.

Do not know purchase date, cost, or gain.

The stock was originally part of a 401k.

The 401k was dissolved and you either: (1) to keep your position you had to buy additional stock or (2) Get your money.

I picked (1).

Am I forced to report zero basis on my return?

Is there anything else I could do?

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Best Answer

Accepted Solutions
itonewbie
Level 15

This forum is only open to tax professionals.  Try here instead: https://ttlc.intuit.com/

---------------------------------------------------------------------------------
Still an AllStar

View solution in original post

0 Cheers
3 Comments 3
itonewbie
Level 15

This forum is only open to tax professionals.  Try here instead: https://ttlc.intuit.com/

---------------------------------------------------------------------------------
Still an AllStar
0 Cheers
abctax55
Level 15
I should give you a no vote.....this forum is open to anyone/everyone.   Even tho it SHOULDN'T be....
"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
0 Cheers
itonewbie
Level 15
Lol, you're right.  It's although it shouldn't.  I need to learn to be more exact.  :joy::joy:
---------------------------------------------------------------------------------
Still an AllStar
0 Cheers