Cost Basis

Your cost basis generally is the original cost of the shares you purchased plus any brokerage commission.  The difference between the amount you realize for the sale of your shares and your cost basis determines the amount of the gain or loss you must report on Schedule D of your income tax return.

Before you can work the appropriate Cost Basis worksheet, you will need to find the date your shares were purchased and the cost from your brokerage statements or receipts.  (If your shares were acquired by some means other than purchase, such as a gift or inheritence, please consult your tax advisor.  Qwest does not provide tax, legal or other advice.)

Cost Basis Worksheet PDF