Tax Reporting: Can I Specify Cost Basis for Positions Transferred to My Account?

Yes. Our Position Transfer Basis allows you to enter a cost basis to a specific ACATS or ATON transfer date. Log in to Client Portal with your username and password, click the menu icon in the top left corner > Reporting > Tax Documents > Cost Basis section on the right hand side > Position Transfer.

Circular 230 Notice: These statements are provided for information purposes only, are not intended to constitute tax advice which may be relied upon to avoid penalties under any federal, state, local or other tax statutes or regulations, and do not resolve any tax issues in your favor.