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April 10, 2022
Question

How do I calculate cost basis on reinvested dividends sold with no date acquired or cost basis on my 1099-B

  • April 10, 2022
  • 1 reply
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1 reply

ColeenD3
April 10, 2022

You have to go back to your brokers' statements to see if you can find the information. If you can't find the basis, it defaults to zero.

April 10, 2022

Thank you Coleen!  My brokers statement does not have the date acquired or the cost basis columns filled out.  Is there any way to figure it out if those are blank?  

April 10, 2022

Try calling your broker. They may be able to look up the information for you. 

 

However if the info is not included in your statement, it’s possible they don’t have it because the security was not purchased through them, but transferred in.

 

Otherwise, there are many sites on the Internet where you can look up a company or mutual fund’s dividend history and calculate the amounts yourself.

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