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Deductions & credits
If I understand correctly this is one stock that has gone through Mutiple splits.
If we start out with an original basis of $10 per share.
Start with 12 shares. Cost basis/share is $10, Total Basis is $10 X 12 = $120
12 shares reverse split to 6. Cost basis/share is $20, Total basis is $20 X 6 = $120
split to 18, this is 3 for 1. Cost Basis per share is $6.66667. Total BASIS IS $6.66667 x 18 =199.9999
and finally split to 36, THIS IS 2 for 1. Cost basis per share is $3.33333. Total basis is $3.3333 X 36 = 120.
Your cost basis per share is $3.33333.
The simplified method is to divide the total original cost by the current number of shares.
$120 / 36 shares = $3.3333
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‎February 28, 2023
1:27 PM