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    Acquisition premium

    I'm doing some stock sales right now and have run into something new to me. Under adjusted cost basis, it says current year acquisition premium and the cost I should use is this lower amount.

    Can someone give me an explanation of this and how it's figured on the broker's end?

    Thank you,

    Dennis

    #2
    Acq. premium

    I found the answer.

    Thanks,

    Dennis

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