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To determine the cost basis of "baby bells," or the regional telecommunications companies that emerged from the breakup of AT&T, you typically start with the original investment made in AT&T shares and then allocate that cost to the new shares received during the breakup. This can be done by using the allocation percentages provided by the IRS or the companies themselves at the time of the spinoff. Additionally, any dividends received, adjustments for stock splits, or other corporate actions should be taken into account to accurately calculate the current cost basis for tax purposes.
What else can I help you with?
What is cost basis of stock?
The cost basis is the original value of an asset adjusted for stock splits, dividends or capital distributions. It is used to figure capital gain or loss for tax purposes
How do you figure out the basis of a mutual fund?
Many of the Mutual Funds now track your cost basis so you should first check with them. If not - to determine total cost basis - you take your original purchase price (if you inherit the shares or receive the shares as a gift - different rules apply) plus any additional purchases plus any dividends reinvested. Once you determine total cost basis the easiest way to come up with cost per share is to divide the total cost basis by the number of shares to arrive at an average cost per share.
How do you figure the Cost Basis of a mutual fund that has dividends reinvested and has many check redemptions for 30 years?
Every check redemption would have required the calculation of cost basis, so the problem can't be very difficult. Start from the last time the basis was calculated and add all of the interim investments.
What is the cost basis of Lucent stock spun off in 1995?
The cost basis after the spin off was 27.99. In addition, the at-cost basis was at 72.01 of previous basis.
How much does it cost at walmart?
144 Bells
What does the princess furniture cost in Animal Crossing City Folk?
All of the furniture costes over 50,000 bells and the clothes cost over 1,000 bells.
How much does an Alpine bed cost in Animal Crossing New Leaf?
2400 bells and sells for 600 bells
What was big lots cost basis in 2006?
what was big lots cost basis in 2006?
What is the plural for cost basis?
Cost bases.
How much does a colaclanth cost in Animal Crossing?
15000 bells.
What is the cost of Hercules roadeo?
in inr 7100 with bells and cable
What is the cost basis for the Citigroup spin-off to Travelers in 2002?
cost basis Citigroup travelers 2002
