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About kevin kemper
Expertise
IN my 34 + years with prospective entrepreneurs aged 7 through age 77, in Canada, Mexico and elsewhere; both directly and through my TV show and newsletter on Entrepreneurship, have advised on: starting a business, writing a business plan, finding staff, setting compensation plans, when to joint venture or consider a franchise, have a partnership or corporation structure, when to start a biz vs buying. Currently tutoring individuals in S. Africa, Bangladesh, India, China, Australia and Brazil. [My incomplete book is entitled Assured Entrepreneurial Success]

 
   

You are here:  Experts > Business > Small Business Information > Venture Capital & Stock > capital losses from stocks

Topic: Venture Capital & Stock



Expert: kevin kemper
Date: 3/2/2006
Subject: capital losses from stocks

Question
I plan to sell some stocks that I bought around 10 years ago. I have changed brokers at least 3 times since I bought it.

I have no idea how much I initially paid for these stocks and don't know how much I gained or lost. Will my current broker provide a statement to show this information so I can claim a capital gain/loss(mostly loss) on my taxes for 2006?  

Thank you in advance.  

Answer
if u can pinpoint when you bought the stock, a good
broker can tell u what you paid.

however.......him telling you and him providing a statement
of legal data are 2 different things.

your original broker has that data.

I can help you get it if you like.

kkemper1@mindspring.com

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