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Etrade 1099 shows an unfair cost basis on shares of stock I sold
Determining the cost basis of stock
Last November I sold shares of 426 shares of xyz corp. @194
The shares had been purchase at various dates in 2017 & 2018 and 2022 at various prices ($114, $174 & $194).
In determining the cost basis Etrade used the $125 purchase price instead of a later share price of $174
Can I change the cost basis to the shares sold to $114 to 174 which would save me a substantial difference in capital gains tax liability?
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‎February 17, 2024
6:26 AM