Pro4Tax
Level 1

Thank you.

I have one more question, how do I figure out what the cost basis is.  The 1099B and supporting docs do not show the cost basis.  In the 1099B the cost basis is stated as "UNKNOWN".  The only other figure I see is on a sale transaction report that states the principal amount minus commission/fees.  The settlement amount is the proceed amount shown on 1099B, is the principle amount the cost basis?

0 Cheers