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Returning Member
posted Feb 25, 2023 1:09:11 PM

COST BASIS PROBLEM

I HAVE THE NET PROCEEDS AND OTHER INFORMATION ON THE 1099B  FROM COMPUTERSHARE BUT UNABLE TO COME UP WITH THE  COST BASIS..THIS IS DUE TO  OUR SELLING WARNER BROS  DISCOVERY STOCK  WHICH WE GOT FROM AT&T

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3 Replies
Level 13
Feb 25, 2023 2:50:45 PM
Returning Member
Feb 28, 2023 11:56:15 AM

I am unable to get the cost basis of the  AT&T  stock since we have had it since  1965 ..including all the splits and various companies...    Just know what we have currently.     Need to get some basis so I can complete return.    Mary V.

Expert Alumni
Feb 28, 2023 12:13:52 PM

There is a very helpful section in the above link from Rick19744 that will help you find the cost basis for the stock you have held since 1965.

 

In the section marked Effect on Cost Basis is a link to a worksheet for At &T stocks that were acquired prior to March 20, 1988. Follow the instructions about the two-part process. 

 

@loughrea123