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To determine the cost basis of old stock, you can calculate the original purchase price of the stock, including any fees or commissions paid at the time of purchase. This information can be found in your records or by contacting the brokerage firm where the stock was purchased.

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How do I find the cost basis for old stock?

To find the cost basis for old stock, you can calculate it by adding the original purchase price of the stock to any additional costs such as commissions or fees paid at the time of purchase. This total amount is your cost basis for the stock.


What is the cost basis for the Sara Lee spin off of Hanesbrands?

You have to divvy up your 'old' basis between SLE and HBI. SLE says that a reasonable split of your old basis is 85% (to existing SLE) and 15% (to new HBI). That means if your basis was $10.00 per share, your new basis would be $8.50 for your existing shares and $1.50 for your new HBI shares. Info difficult to find, but ch-ch-ch-checkidout here: http://www.saralee.com/~/media/6F4EC7988CF249D6975EFC782803BF86.ashx


You have 1000 in unrealized stock gains how can you best put this money to use?

An "unrealized stock gain" is the difference between your basis in the stock and what it's selling for now. If you listen to guys like Jim Cramer, you're supposed to immediately dump the stock, pay taxes on the gain and invest in one of the stocks he's hyping. I'm going to tell you how to make money the really old-fashioned way: buy and hold. This applies if you like the stock--if you didn't ever like the stock you should get rid of it, but my question is always, 'if you didn't like the stock in the first place, why did you buy it?' Obviously you don't want to lose much of this gain, so my recommendation is to buy a one-year at-the-money put to protect your gain.


How can you find out if old stock certificates are worth anything?

I have some old stock certificates from "Farmers Union Cooperative Oil Association". Issued in 1977.Worth anything?Tx, Doug Cunnien


How old do you have to be to own stock?

16 otherwise it will be held in trust for you by a parent/guardian

Related Questions

How do I find the cost basis for old stock?

To find the cost basis for old stock, you can calculate it by adding the original purchase price of the stock to any additional costs such as commissions or fees paid at the time of purchase. This total amount is your cost basis for the stock.


What is the stock symbol for living social?

there is no stock symbol, it is privately owned- 14 year old going to basis Tucson!


How do you calculate capital gain after a merger or acquisition that involves both cash and stock?

1099B form from your broker should be showing the sales proceeds correctly. First check the surviving company's web site for instructions on how to calculate the new cost basis of the surviving entity. The rule is that your economic gain (market value of new stock plus cash received less cost basis in your original shares) is only taxable to the extent of cash received (referred to as cash to boot.) You can apply the formula: GAIN = Lesser of (CASH RECEIVED) or (Market value of NEW company's stock received plus CASH received less OLD company's cost basis) After that you have to determine, whether it is long term gain, taxed only at 15%, or ordinary income. You do that by looking at the original purchase date of the old company. If it was bought more than 12 months before the merger or acquisition, you have a capital gain. Otherwise, it is a short-term gain, taxable as ordinary income unless you have capital losses to offset it. For more information visit the Related Link.


What Old Testament is the basis for?

The Old Testament is the basis of Christianity.


Is CNF an Incoterm?

It is an old incoterm meaning the basis for the quotation is Cost and Freight from supplier to destination (a sea port) of the buyer. Term has been replaced by CFR


What was the old stock symbol for LILCO?

The stock symbol was LIL.


What is the cost basis for the Sara Lee spin off of Hanesbrands?

You have to divvy up your 'old' basis between SLE and HBI. SLE says that a reasonable split of your old basis is 85% (to existing SLE) and 15% (to new HBI). That means if your basis was $10.00 per share, your new basis would be $8.50 for your existing shares and $1.50 for your new HBI shares. Info difficult to find, but ch-ch-ch-checkidout here: http://www.saralee.com/~/media/6F4EC7988CF249D6975EFC782803BF86.ashx


What are the pros and cons of fifo?

First in, first out (fifo) is a stores/stock-keeping policy which moves the oldest stock out first, before moving newer stock out into the production lines or on to the shelves for selling to the public. Fifo can be more of an assumption than a reality. In valuing stock, and the costs of stock sold, the 'fifo' assumption is that old stock was moved/sold first, in strict chronological order, and it therefore becomes a simple mathematical calculation to determine what cost prices apply to the present stocks, and what the 'costs of goods sold' actually were, thus enabling computation of profits. The longer that old stock accumulates, the greater the likelihood that it will become obsolete and un-saleable or will somehow deteriorate by the passage of time. If the fifo principle is really adhered to, old stock will never accumulate in the stores, and losses associated with old stock will be eliminated or minimised. Consequently, on the basis of the above, there appears to be clear economic and common-sense advantages in favor fifo. However, there are also a strong economic arguments in favor of lifo! (last in, first out) For other meanings of fifo, and more information about fifo, and comparisons with lifo, see Related links below.


How old is Barry Stock?

Barry Stock is 43 years old. (birthdate April 24, 1974).


How old is Sarah Stock?

Sarah Stock is 31 years old (birthdate: March 4, 1979).


When was Old Saint Petersburg Stock Exchange created?

Old Saint Petersburg Stock Exchange was created in 1810.


How they will determine day old chick price?

Price is usually determined by availability. Poor hatch will increase the price while a good hatch and large quantities of stock will lower the price.