I sold 2 stocks in 2021 that were executed by my broker, TD Ameritrade. I received my 1099-B and the cost basis was blank. The issue is these 2 stocks were transferred from Scottrade. Supposedly they are working on getting the info from their archives for one of them. The issue is the other stock was transferred from yet another broker that managed a previous employer's Employee Stock Purchase Plan that transferred them to Scottrade 2012. Again, TD Ameritrade is attempting to see which broker it came from and transferred to Scottrade. In searching through other discussions on this site, is it common for cost basis info to be lost or not contained by the broker? I would think as a paid broker, they would keep this information i.e. purchased data, price, etc. I am not sure what I am going to do and am thinking I might have to file an extension while I attempt to figure this out. I do realize worse case, I just plug in $0, and away I go.
Questions -
* Is it common for 1099-B to miss cost basis info? As I wrote above, I would think brokers would have this simple info recorded by the broker.
* Is it really the expectation of a person on a Employee Stock Purchase Plan to record all of this information?
* Would approaching my old company assist in figuring this out?
Any help on this, I would greatly appreciate.
