BasisPro
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BasisPro

  • Cost basis and wash sale calculator

    Calculating cost basis for stocks and mutual funds can be extremely tedious and time-consuming-with a high risk of errors. Yet mistakes can be extremely costly.

    BasisPro is a calculator that offers a simple way to determine accurate cost basis-saving time and minimizing error risk. Leveraging our sophisticated GainsKeeper® technology and our expert corporate actions content, BasisPro adjusts basis for corporate actions and wash sales for tax reporting.

    Calculate accurate basis-in seconds

    With BasisPro you have the ability to calculate complete cost basis of any U.S. stock or mutual fund. You can also research and analyze complex corporate actions, such as stock splits, spin-offs, and mergers, as far back as 1950 and DRIP estimates for all cash dividends dating back to 1973.

    BasisPro is a web-based application. You simply enter trades or import transactions. BasisPro then automatically applies corporate actions affecting the original trade lots to determine the shares and cost basis on the specific holding dates. This information is calculated and displayed within seconds, and results can then be exported.

    With BasisPro, you can analyze entire portfolios at once and produce detailed customized reports for your clients.

    Already supporting numerous accountants, operations departments and customer support groups at leading financial services firms, BasisPro offers an efficient way to meet the cost basis law transfer reporting requirements when basis is not provided. BasisPro can also be used to fill missing basis gaps for year-end 1099 reporting.

    Quick and accurate access to basis information

    • U.S. equities and mutual funds
    • Historical calculations back to1950
    • Price and DRP estimates back to 1973

    BasisPro Inheritance-automated stepped up basis batch processing

    BasisPro can also be used as a is a fully automated fixed income batch processing service to calculate, track & report fixed income inheritance basis and accrued interest calculations for most fixed income securities.

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    BasisPro Is Ideal For:

    • Retail Brokerage Firms
    • Full-Service Brokerage Firms and Advisers
    • Fund Management
    • CPAs
    • Registered Investment Advisers (RIA)
    • Back Offices
    • Tax Preparers