Redsdad
Returning Member

Get your taxes done using TurboTax

Thanks for you Help first of all! But to make sure I understand, When I rolled over My 401k the taxable amount I am reporting from a 1099-R - got it. But, the "cost basis" from the Brokerage account is actually the value of the stock on the day of Rollover? i.e. rolled over $100,000 = 1000 shares x 100. So the cost basis would be 100,000, is this right? Thank you very much!