my dad says they're supposed to send you a form anywhere from Jan 31 to the end of this month and if you don't get the form, you don't have to pay anything. Does that help?
Yup, I got the form, 'cept it did not calculate my "Cost Basis" for me. I have to do that on my own.
Which doesn't make sense to me, because as far as I can tell I would need all the paperwork about what was originally purchased (in 1983) and every subsequent quarter's information about when and how much was reinvested. *bangs head on table*
As a baby/child/teenager I just didn't think to keep track of these things. :-(
Haha. Yeah, it's ridiculous, eh? The feds expect you to have perfect records of every transaction. Did you trade through a broker? They usually have the records of stock value @ date of acquisition, dividend value @ reinvestment, etc.
The gov't, helpful as always, says: "If you have not kept detailed records of your dividend reinvestments, you may be able to reconstruct those records with the help of public records from sources such as the media, your broker, or the company that issued the dividends."
It can be a bitch, but your broker is the best bet.
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Which doesn't make sense to me, because as far as I can tell I would need all the paperwork about what was originally purchased (in 1983) and every subsequent quarter's information about when and how much was reinvested. *bangs head on table*
As a baby/child/teenager I just didn't think to keep track of these things. :-(
I really hope I'm wrong.
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It's dense, but the answers you seek should be in there.
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The gov't, helpful as always, says: "If you have not kept detailed records of your dividend reinvestments, you may be able to reconstruct those records with the help of public records from sources such as the media, your broker, or the company that issued the dividends."
It can be a bitch, but your broker is the best bet.
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