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Can I use the date my current investment broker acquired stocks from another broker as the date of acquisition if I do not have the date if these long held stocks?

These stocks were acquired through other brokers and transferred to our current broker.
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1 Reply
JohnB5677
Employee Tax Expert

Can I use the date my current investment broker acquired stocks from another broker as the date of acquisition if I do not have the date if these long held stocks?

No, The broker is of no consequence. It is the date that you purchased the investment regardless of the broker.

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