Operations Conference and Exhibit
Reengineering Account Transfers - Events - sifma
Reengineering Account Transfers - Events - sifma
- No tags were found...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Cost Basis<br />
Brokers will be required to file annually with the IRS<br />
Report gross proceeds <strong>and</strong> adjusted cost basis of the<br />
security sold/exchanged<br />
Identify whether the gain or loss is long-term or short-term<br />
Provide customers with statements reporting gross proceeds<br />
<strong>and</strong> cost basis filed with the IRS (identifying the gain or loss<br />
as long-term or short-term)<br />
Transfers of basis information<br />
17