Considerations
Using the BasisPro™ calculator, you can quickly and easily determine an equities' cost basis on a baseline. This can be difficult if you do not have records; when there has been a corporate action, such as a stock split or merger; or if you reinvested your dividends.
BasisPro™ does the following:
Automates complicated gain/loss calculations.
Walks you through the calculations for single and multiple purchase lots.
Quickly calculates the cost basis for any stock and offers historical information on corporate actions (such as stock splits, spin-offs, and mergers) back to 1950.
Calculates cost basis for reinvested dividends as far back as 1973.