Timeline for What is the cost basis of fractional shares closed during stock-split from multiple lots?
Current License: CC BY-SA 4.0
8 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Apr 29, 2020 at 15:00 | vote | accept | Laith | ||
| Apr 26, 2020 at 16:51 | comment | added | Laith | @dave_thompson_085 , This is a real example and I bring it up here because my broker has a strange cost basis calculation that i can't seem to mathematically reach. | |
| Apr 26, 2020 at 16:47 | comment | added | Laith | Yup, you caught me. It's SUN.ASX. I fudged the numbers and dates; I should've also fudged the ratio :) | |
| Apr 26, 2020 at 6:23 | comment | added | Pascal Belloncle | @dave_thompson_085 looks like a real case: marketscreener.com/SUNCORP-GROUP-LTD-6491453/news/… :) | |
| Apr 26, 2020 at 5:20 | comment | added | dave_thompson_085 | Note no one ever does splits for such a silly ratio, and rarely even stock dividends for something like .071. But a different company acquiring yours for stock does often end up with difficult numbers like this. (Or for stock plus cash, which causes even more tax headache.) Since 2012 US brokers are required to compute this for you and put it on your 1099-B; unless you enjoy making your life difficult I would just use their numbers. If you don't want to wait until next year they may have the info on their website within a few days of the transaction; mine does. | |
| Apr 25, 2020 at 23:41 | answer | added | Bob Baerker | timeline score: 0 | |
| Apr 25, 2020 at 23:20 | answer | added | Pascal Belloncle | timeline score: 1 | |
| Apr 25, 2020 at 23:00 | history | asked | Laith | CC BY-SA 4.0 |