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After you file
The broker is not required to report the cost basis for securities bought before 2010 even if they have the cost basis. The IRS doesn’t want the purchase records from 2010, which can be deemed unreliable since the regulations specifically stated January 1, 2011. Yes, use the cost basis as reported on the 1099-B unless you have reason to believe it is not accurate.
January 3, 2020
2:10 PM