ILLMAS Posted April 2, 2015 Report Share Posted April 2, 2015 TP received some stock back in the early 80's, TP doesn't remember if the cost of the stock as added to her wages or not, there is no way to find out at this point, would it be safe to use zero basis or do a wash sale? MAS Quote Link to comment Share on other sites More sharing options...
Max W Posted April 2, 2015 Report Share Posted April 2, 2015 Zero basis is 100% safe. Wash sale? How did you come up with that? It doesn't apply here. 2 Quote Link to comment Share on other sites More sharing options...
ILLMAS Posted April 2, 2015 Author Report Share Posted April 2, 2015 TP idea, since they couldn't remember if it was added to their wages back then. I am okay with the zero basis. Thanks Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted April 2, 2015 Report Share Posted April 2, 2015 If the client still works there they can probably ask HR whether they were added to the W-2 or not. But, if you don't care [not large amounts] then any extra they have to pay is their penalty for not keeping the paperwork you KNOW they got at the time. 1 Quote Link to comment Share on other sites More sharing options...
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