This page
contains answers to common questions about the Tax Calculator For AT&T.
- Why do I need Chuck Carlson's
Tax Calculator For AT&T?
- Where can I purchase Chuck
Carlson's Tax Calculator For AT&T?
- How long will it take to receive Chuck
Carlson's Tax Calculator For AT&T?
- Why does the online subscription of Chuck Carlson's
Tax Calculator For AT&T cost more than the
CD-ROM version?
- Will I receive technical support?
- What about dividends? How
are those handled?
- How long will it take to
download?
- When I try to order, it says my
credit card is invalid. Why?
- I have the Tax Wizard.
Can I get the Tax Calculator for free?
- Who is Chuck Carlson?
If you own, or have owned, stock in
AT&T or any of the Baby Bells, you have a problem: determining your
cost basis for tax purposes.
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. That’s what makes
AT&T a real headache from a tax standpoint. Since
1984 AT&T has:
- Spun off seven Baby Bells
- Spun off Lucent and NCR
- Split 3-for-2
- Merged its cable television operations with
Comcast
- Reverse split 1-for-5
- And acquired by SBC in 2005!
All of these corporate developments require
adjustments to your cost basis for tax purposes. And, to complicate
matters even more, 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 spinoff even merged back into AT&T!
All of the companies (many of which you probably
still own or recently sold) require their own tax basis calculations.
Confusing? You bet it is. But Chuck Carlson's
Tax Calculator For AT&T will help you determine the appropriate
tax cost basis for IRS purposes.
You can buy Chuck Carlson's Tax Calculator For AT&T
directly from Horizon Publishing Company.
As soon as you enter your information (including
credit card information) on the Web site, you will be able to download
the Calculator right away. If you order the CD-ROM, you will receive it
in
7 - 10 business days from the date you order.
No. Unfortunately, a Macintosh version is
not available.
Yes! We offer technical support for one
year from the date of purchase. If you have any problems with your
software, either the CD-ROM or the downloadable version, you can call or
email us for support.
You will need to account for each dividend
purchase separately. However, the computation only takes a few seconds.
Thus, even if you have multiple dividend purchases, the calculator still
should provide a very useful tool for you.
It depends upon your connection speed, but it
usually takes no longer than 10 minutes to download.
Try typing it without spaces or hyphens. This generally fixes
the problem.
If you purchased the Tax Wizard within the past
30 days, you can return it for a full refund.
We priced the Tax Calculator so it is
affordable. In fact, the only comparable product available sells
for $99.
Mr. Carlson has been providing investment advice
for more than 20 years and is often regarded as the individual investor’s
champion and most loyal ally. He is the Chief Executive Officer of
Horizon Publishing Company, an investment newsletter publisher, and is
also Chief Executive Officer of Horizon Investment Services, a money
management concern.
Mr. Carlson is the creator of the Chuck Carlson’s Tax Calculator For AT&T, editor of DRIP Investor investment newsletter,
and contributing editor of the highly regarded Dow Theory Forecasts
investment newsletter.
Mr. Carlson, who is a Chartered Financial Analyst (CFA), holds an
undergraduate degree in Journalism from Northwestern University (1982)
and an MBA from the University of Chicago (1993).
He is the author of seven books, including the best-selling
Buying Stocks Without A Broker (McGraw-Hill), Individual Investor Revolution
(McGraw-Hill), and
No-Load Stocks (McGraw-Hill). His latest book, Winning With
The Dow's Losers, was recently published by Harper Business.
Mr. Carlson’s comments appear in such newspapers and magazines as The
Wall Street Journal, The New York Times, USA Today, Newsweek, U.S. News
& World Report, The Washington Post, Money, Business Week, Forbes,
Barron's, and Kiplinger's Personal Finance. Mr. Carlson also appears
frequently on television and radio shows, including CNBC, CNN, NBC's
Today Show, and Business Radio Network.
Mr. Carlson lives in Valparaiso, Indiana where he enjoys playing
fast-pitch baseball and making money for himself and individual
investors.
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