- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How can I file without the "Date Aquired" and "Cost Basis" in my mutual fund?
This information is shown as "unknown" on my FORM 1099-B. It is not on the statement either. I will likely not be able to get this information. How can I move forward?
Topics:
2 Replies
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How can I file without the "Date Aquired" and "Cost Basis" in my mutual fund?
For date acquired, type various in the box. As for your basis, I suggest contacting the mutual fund company or brokerage firm for help in determining your basis. As a last resort, you can enter zero for a basis, subjecting the full proceeds to taxes.

- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How can I file without the "Date Aquired" and "Cost Basis" in my mutual fund?
It is your job to track your basis in a mutual fund.
See IRS Pub 550 Investment Income and Expenses
page 44 Table 4-1 for a sample table showing
the basis records that you should have been maintaining.
The text in that section describes how to track your basis over time.
Still have questions?
Make a post
Or browse the Forums