Investment Transfer Makes Capital Gains report wrong??

#1 04-08-2005, 09:02 PM

2004.

I think I did this:
Investing > Portfolio > Record a special activity > Transfer an
Account.

Michael Gordon, MVP wrote:
- quote -

> Which version of Money? How did you do the account transfer?
> --
> Michael Gordon
> MVP
> "Becky" <becky.lindsey[at]gmail.com> wrote in message
> news:5bf31485.0504081059.6db2d9a1[at]posting.google.com...
> > I switched from one broker to another, so I followed the directions
to
> > do an account transfer. Then I sold some of the stocks. Now when I
do
> > a tax report to see the capital gains- it lists the transfer date
and
> > price, not the original date and price for the stocks. It makes the
> > capital gains wrong, and sometimes categorizes it as short term
> > instead of long term. What am I doing wrong??
> > > I've been using the tax reports for multiple years, and switched
> > brokers a few times. I may have reported incorrect capital gains
> > multiple years. I'd like to get it fixed going forward, then go
back
> > and find out how much off I was before.
> > > Thanks,
> > Becky

04-08-2005, 07:42 PM

Which version of Money? How did you do the account transfer?

--
Michael Gordon
MVP

"Becky" <becky.lindsey[at]gmail.com> wrote in message
news:5bf31485.0504081059.6db2d9a1[at]posting.google.com...
- quote -

> I switched from one broker to another, so I followed the directions to
> do an account transfer. Then I sold some of the stocks. Now when I do
> a tax report to see the capital gains- it lists the transfer date and
> price, not the original date and price for the stocks. It makes the
> capital gains wrong, and sometimes categorizes it as short term
> instead of long term. What am I doing wrong??
> I've been using the tax reports for multiple years, and switched
> brokers a few times. I may have reported incorrect capital gains
> multiple years. I'd like to get it fixed going forward, then go back
> and find out how much off I was before.
> Thanks,
> Becky

#-1 04-08-2005, 06:59 PM

I switched from one broker to another, so I followed the directions to
do an account transfer. Then I sold some of the stocks. Now when I do
a tax report to see the capital gains- it lists the transfer date and
price, not the original date and price for the stocks. It makes the
capital gains wrong, and sometimes categorizes it as short term
instead of long term. What am I doing wrong??

I've been using the tax reports for multiple years, and switched
brokers a few times. I may have reported incorrect capital gains
multiple years. I'd like to get it fixed going forward, then go back
and find out how much off I was before.

Thanks,
Becky

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