"runtwoday" <runtwoday[at]netscape.net> wrote:

- quote -

Look at the historical graph for the stock and time when
your company purchased it and lower it by the discounted
price the company charges you.

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runtwoday <runtwoday[at]netscape.net> wrote:

- quote -

The plan administrators should be able to resurrect the
statements for your purchases.

--
Barry Margolin, barmar[at]alum.mit.edu
Arlington, MA
*** PLEASE don't copy me on replies, I'll read them in the group ***

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"runtwoday" <runtwoday[at]netscape.net> wrote:

- quote -

You will need to be able to determine and document your
"basis" in the stock. My guess is that the stock was
purchased through payroll deductions. If that is the case,
your basis may be found on your paystubs, or year end
payroll summary. Some companies also gross up the amount to
account for taxes withheld.

___________________________________
<<< Benjamin Yazersky, CPA [NJ & NY] > > -----> real address on hobokeni or hobokenx <-----

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I bought stock (I have the certificates) for a couple of
years through a company employee stock purchase plan about
ten years ago. I am going to sell the stock this year for
what I believe is a substantial loss, but I do not have a
record of the exact prices I paid for the stock.

How do I handle this to substantiate my loss to satisfy the
IRS?

Thanks for your advice.

Carl Muffoletto

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