176817
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

1Cull1
New Member

How to establish cost basis in the absence of records

About 40 years ago my father gave me 75 shares of Dominion Corp, now Dominion Energy. I reinvested dividends over the years, accumulating 390 shares which my broker sold in 2017. Recently the broker sent an accounting of this sale (1099-B) for my 2017 taxes, but with no cost basis for 350 of the shares. Perhaps Dominion has no records on share purchases before a certain date, and I did not keep the annual accounting. Over the years, dividends paid and share prices fluctuated considerably. Is there a way to establish or estimate a cost basis for those Dominion shares?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

How to establish cost basis in the absence of records

Please see the below FAQ regarding calculating your cost basis, if not obtained from the broker:

https://ttlc.intuit.com/replies/3300454

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question