04-14-2022, 08:58 AM
(04-14-2022, 05:36 AM)cemanuel Wrote: "Speaking of WBD, E*Trade reports my cost basis for it as $0. Is that right???"
Taxable or tax-advantaged account?
On a technical basis, the answer is no, it's wrong. Maybe there'd be some funny way of acquiring T shares that would result in a 0 CB but I'm not aware of one. But brokerages often treat distributions in a tax-advantaged account as having a 0 CB even though this isn't really the case - but may as well be for tax purposes.
Taxable. I'll have to call then.