turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Stock split

What is the cost basis for a stock that is a result of a stock split 10 years ago ??? Help as soon as you can ! Been trying to figure it out but NOT sure I'm correct.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Stock split

assuming the split resulted in more shares of the same stock, your tax basis per share is what you originally paid divided by the total number of shares. so if you paid $500 for 100 shares and got an addition 100 shares the cost/share is $500/200

 

View solution in original post

6 Replies

Stock split

Your broker should be able to help you with this. 

Stock split

The total basis is still the same. You just have a different number of shares.

 

If your basis was 30 dollars per share before and it split 2-for-1, then your new per-share basis is 15 dollars.

FangxiaL
Expert Alumni

Stock split

If you have the same brokerage, the cost basis should be adjusted after the stock split.

If you can provide more information, I can check into it. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Stock split

assuming the split resulted in more shares of the same stock, your tax basis per share is what you originally paid divided by the total number of shares. so if you paid $500 for 100 shares and got an addition 100 shares the cost/share is $500/200

 

Stock split

Thanks for replying in a timely manner. Kudos to u.

Stock split

@pakikiheiya 

if you bought before the split,

divide your old cost per share by the <split factor>.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies