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hercules16

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hercules16

Re: George the Greek post# 466282

Thursday, 04/06/2006 12:52:43 PM

Thursday, April 06, 2006 12:52:43 PM

Post# of 704019
OT: Dumb Tax question

If you bought 100 shares at 20 ($2000) and end up with 200 shares after 2 for 1 split your cost basis is $2000/200 = $10 per share. For 10% dividend the cost basis is $2000/110.
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