I was employed by a company some years back, ending in 1985. Apparently they sold a partial share of my stock this January and I have proceeds of $15. They don’t show the cost basis and I have no idea what the stock was worth back then. I am assuming this was purchased in a stock ESOP over the course of my employment. What can I do?
I would simply put a cost basis of zero. You will have a gain of $15. The amount of time and effort you will spend trying to track this down isn’t worth it.
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thanks, that’s what i decided to do. i appreciate your responding.