Simplifying Cost Basis for Individual Investors

At a time when cost basis will receive more scrutiny than ever due to new regulations, NetBasis enables individual investors to calculate cost basis easily and accurately, with the same technology the IRS used to audit capital gains returns for its landmark 2005 Tax Gap Report.

NetBasis instantly accounts for the range of corporate actions that can lie behind a security and make it difficult to determine cost basis. It's the efficient alternative to wading through years' worth of brokerage statements and other documentation to calculate the cost basis impact of spin-offs, mergers, dividend reinvestments and other actions.

NetBasis provides investors with a variety of important benefits, including:

Easier Schedule D preparation
Efficient access to the accurate cost basis information new regulations demand
Compliance with all applicable IRS rules on wash sales, short sales, gift shares and date of death valuation
Enhanced gain/loss management through better-informed buying and selling decisions

Available on a transaction or subscription basis, NetBasis offers many features that help investors calculate
or verify cost basis, including:

Adjusted total and per-share cost basis
Adjusted number of shares
Accounting for systematic investments, withdrawals and dividend reinvestments
Support for any approach an investor can use to sell share lots, including FIFO (first in, first out), specific lot and average cost (for mutual fund and DRiP shares)
Characterization of realized gains/losses as short-term/long-term
Tracking of all corporate actions affecting a security

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