On Feb 15, 8:37*pm, bidd...[at]gmail.com wrote:
- quote -

Who knows what Vanguard did.. I cant figure out where they got the
information for their average cost on my 1099's so I routinly ignore
them and use my actual cost. I suggets you ad all your reinvestment
dividends to your initial purchase amount and see if it's the same. I
personally abhor average cost and NEVER use it.

ed

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In preparing my previous year tax return, I used data from Vanguard's
"Average Cost Summary" to obtain the "Average Cost Basis". Would this
figure already reflect the reinvested dividends added to the cost
basis or do I need to add the dividends paid out on previous years to
this figure to get an adjusted cost basis?

========================================= MODERATOR'S COMMENT:
Chances are very very good Vanguard already included the
reinvested dividends in their average cost basis calculation.

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >