Thursday, April 13, 2006
Taxes
Just finished doing mine. Who the heck knows how to figure out a cost basis for selling stocks from your ESPP stock plan? Various purchase dates, reinvested dividends, first in first out - I probably didn't do it right, but whatever. Remind me next year to go to H&R Block. Either that or marry a CPA between now and 4/15/07.
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If you sell within a year of purchse, the costs basis is what you actually paid. If you sell after a year, you get to say your cost basis was the original price of the stock before the discount.
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