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Brown Cafe UPS Forum
UPS Partners
UPS Stock split 1998 documentation
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<blockquote data-quote="DMW" data-source="post: 5532688" data-attributes="member: 105507"><p>Exp. 2:1 split October 1999 ; all my shares acquired before then cost basis was divided by 2 or 50%. </p><p>Exp. 4:1. Split August 1991 ; </p><p>Therefore, the shares between 1982 and 1991 cost basis will be original cost divided by 8. (The product of 4 x 2)</p><p>It was an IRS rule that went into affect around 2012. But it is retroactive. They want to make sure we pay all our taxes applying the correct cost basis.</p></blockquote><p></p>
[QUOTE="DMW, post: 5532688, member: 105507"] Exp. 2:1 split October 1999 ; all my shares acquired before then cost basis was divided by 2 or 50%. Exp. 4:1. Split August 1991 ; Therefore, the shares between 1982 and 1991 cost basis will be original cost divided by 8. (The product of 4 x 2) It was an IRS rule that went into affect around 2012. But it is retroactive. They want to make sure we pay all our taxes applying the correct cost basis. [/QUOTE]
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