Taxes - AT&T Tax Calculator

Feeling overwhelmed this tax season about determining your Cost Basis for AT&T stock and all the Baby Bells? Let us solve your record-keeping problems with a powerful new software tool developed by Chuck Carlson, CFA, editor of DRIP Investor and author of the best-selling Buying Stocks Without a Broker.

When you sell stock, the IRS requires that you determine a cost basis for tax purposes. This cost basis determines the amount of gains or losses you declare on your income taxes. Unfortunately, determining a stock's cost basis is not an easy task, especially if a company has undergone many changes and corporate actions over the years.

Since 1983 AT&T has:

• Spun off seven Baby Bells
• Spun off Lucent and NCR
• Split 3-for-2
• Spun off cable business to Comcast
• Reverse split 1-for-5
• Some of the companies that AT&T spun off - Lucent, Ameritech, Pacific Telesis, AirTouch - have either spun off additional companies or merged into new entities themselves. One spin-off even merged back into AT&T!

All of the companies (many of which you still probably own or recently sold) require their own tax basis calculations. How can you do this? Charles Carlson has developed a quick, simply and inexpensive calculator. CLICK HERE TO PREVIEW!