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Investors & landlords
Hi @JohnB5677
Thanks for helping me out. I'm afraid I'm not following though. How is the amount of the dividend the cost basis? Are you saying I need to calculate what portion of the dividends issued were for that original stock quantity of 10.39 shares throughout its life and stock splits?
I've uncovered a historical record of each dividend paid over the life of the stock in question. Thankfully two of the 3 splits occurred before cash dividends were issued so it won't be that difficult to figure out how much in dividends I made over the life of 10.39 original shares.
If I'm still on the right track what am I doing with this dividends total I've calculated? How does that factor into the cost basis calculation for determining my tax liability?