JuanOscar
Returning Member

How to determine cost basis of shares when original transaction confirmations are missing?

I sold several shares of stock in a company that I purchased through a direct stock purchase program over a number of years. My stock brokerage account has been sold and purchased multiple times resulting in the fact that my current brokerage does not have the original transaction confirmations or the historical information from the previous brokerages.

 

I have already tried calling the brokerages and I am out of luck, they have nothing.  I saved my original receipts but they are in long term storage and I cannot access them in time for the April 17 deadline, and filing an extension is not an option.

 

In this case, how do I determine the cost basis of the shares I sold in order to determine Capital Gain/Loss?

 

Are there IRS approved of methods that I could try?

 

Thank you very much.