﻿ How to Figure Your Cost Basis If You Sold Stock in
2012-Kiplinger  Tax Tips  How to Figure Your Cost Basis If You
Sold Stock in 2012  Sandra Block  We'll help you decode the new
1099-B form from your broker.  If you sold stock or mutual fund
shares in 2012, the Form 1099-B provided by your mutual fund
company or brokerage may have a new look. A new IRS rule
requires financial-services firms to track the cost basis of
their customers' shares in stocks, funds and other investments.
Your cost basis is the price you paid for your shares, plus any
reinvested dividends, capital-gains distributions, sales
commissions and transaction fees. When you sell shares, your
cost basis determines the amount of your taxable gain or tax-
saving loss.  The requirement is being phased in gradually. For
stocks, the new rule affects shares purchased on or after
January 1, 2011; for mutual funds and most exchange-traded
funds, it's limited to shares purchased on or after January 1,
2012. The requirement will be expanded to include