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Old 03-23-2006, 11:16 AM
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Join Date: Feb 2006
Location: Little Elm,TX
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Tax on Stock Sale

What is the name of your state? TX
My mother in-law worked for Walmart and sold the stock she had purchased when she left Walmart. She is not to good at keeping records so she has no clue as to her cost-basis. How does she handle this, she did receive a 1099 for the sale of the stock which has the total sale of the stock but not the cost basis?
Thanks
  #2  
Old 03-23-2006, 12:36 PM
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Join Date: May 2004
Posts: 41,303
Quote:
Originally Posted by rfordtuff
What is the name of your state? TX
My mother in-law worked for Walmart and sold the stock she had purchased when she left Walmart. She is not to good at keeping records so she has no clue as to her cost-basis. How does she handle this, she did receive a 1099 for the sale of the stock which has the total sale of the stock but not the cost basis?
Thanks

[url]http://investor.walmartstores.com/phoenix.zhtml?c=112761&p=irol-stockChart[/url]
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