Unknown cost basis of a spinoff and unknown basis date

Joy Joy · #1 (**permalink**) 07-11-2010, 11:44 AM

How do I locate an unknown cost basis of a spinoff.
How do I locate the basis date?

sgilm · #2 (**permalink**) 07-12-2010, 10:35 AM

I assume that you are talking about a publicly traded security? I would contact investor relations and/or your brokerage firm to locate info on the spinoff date and spinoff details. From there you should be able to back into your cost basis.

Adam
Accountant Wilmington NC