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jimt722
New Member

I recently sold 160 shares of stock. I received the original 80 shares of stock in 1998. stock spilt iin 2006 another 80 shares. what do I report as the acquired date?

 
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MinhT1
Employee Tax Expert

I recently sold 160 shares of stock. I received the original 80 shares of stock in 1998. stock spilt iin 2006 another 80 shares. what do I report as the acquired date?

Your acquired date is the original acquired date (1998).

 

As the stock split, your cost basis per share is halved and the total cost basis is unchanged.

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