capital gains

Capital Gains Training Class

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Or Click here to download the PDF of the presentation

Practice scenarios: TY2022

The Jones'
Interview Notes
Brokerage Statements
Jones 1040
  A few comments on Jones
  Review of Return with client

The Kanters 2022
Interview Notes
Brokerage Statements
Primerica Brokerage Stmts
Kanters 1040
  Review of Return with client

Cost not Reported?
If client is unable to get cost form brokerage company-- you can contact your local library research department, or use a search tool on-line like this one:

Yahoo Finance (Stock Prices)
Stock prices going back to the 1970s may be available on this site.
Begin by doing a search using the company ticker symbol. Then choose "Historical Prices" from the blue bar on the left.
Choose start and end date. Choose whether you need daily, weekly, or monthly data. Add ticker symbol and click on "Get Prices." Data is from CSI Commodity Systems Inc. Disclaimers and FAQ appear at the bottom of the page.

Below are more examples of different statements you may see

American Enterprise Investment Services-Sample Brokerage Statement (Interesting Scenario--please review this one)

Here is the Corrected Brokerage Statement the client got in May--I amended the return to reflect the changes (and to enter the missed 2nd statement that was buried in brokerage statement shown above).

Older but still good:

I wanted to share some different types of Brokerage statements, how to enter them, and what to watch for.
Remember to use your PUB 4012 and PUB 17 if you have questions.
See below

What most of our Broker Statements Look Like-honestly