Hi jyeh74,
Thanks for responding my post....
I would do the exact same thing. If it is your understanding that the shares received in bulk were actually acquired throughout the year or oven a given number of years, then divide up those shares by the number of months you believe you acquired them over a sustained period and then on an average day of the month, whether it be the 9th, 11th or the last day of the month, go to that website I recommended and seek the Euro-to-USD value on that given day and value the security on that day as your cost basis.
As I said earlier, as long as you develop a reasonable basis to arrive at the presumed cost basis, the IRS will have no problem with any of this, should a review of your records be sought.
Just be consistent.
I hope this is helpful jyeh74!
Best of luck!
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
