I sold them last year and I need this info for my taxes. My Scottrade account has no history on buying any shares of KFT because I never bought them, but I have a "Net Proceeds" value from them. is the Cost Basis $0 because I never paid for them? Or is it their share price on the day I received them?
^ Thanks!!! I also found a discussion on fool.com with this link to a document on Altria's website, but your link is way shorter and easier to understand: http://altria.com/download/pdf/Stockholder_Tax_Basis_Information.pdf
You know I never got a check from Scottrade for the fractional shares. I have .1529 shares of KFT sitting in my Scottrade account right now that I can't do anything with. It sounds to me from that article and the .pdf on Altria's website that I'm supposed to take 23.84% of my original cash basis for my shares of MO. So then am I supposed to multiply my MO cash basis by 76.16% then, too? I sold KFT and MO in 2008, but I bought MO in 2005.