Jessica Murphy
New member
2006--paid $2,500 for 1,000 shares of stock in ABC company
August 27, 2010--bought 250 shares of stock in ABC company for $600
September 5, 2010--sold the 1,000 shares bought in 2006 for $1,800
What is the basis in the shares bought on August 27, 2010?
August 27, 2010--bought 250 shares of stock in ABC company for $600
September 5, 2010--sold the 1,000 shares bought in 2006 for $1,800
What is the basis in the shares bought on August 27, 2010?