[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-303912-105":53,"doc-detail-303912-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","cost-basis-faq-cost-basis-basics-tax-reporting-faqs","COST BASIS FAQ - Cost Basis Basics - Tax Reporting FAQs","","COST BASIS FAQ explains how mutual fund shareholders understand and calculate cost basis when completing tax forms. It covers what cost basis is, how capital gains or losses are determined on redemptions, and how activity such as reinvested dividends, fund splits, reverse splits, returns of capital, wash sales, and gifts or inheritances can adjust cost basis. The FAQ also clarifies whether determining cost basis is new, distinguishes covered versus non-covered securities on Form 1099-B, and outlines broker and IRS reporting responsibilities.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/cost-basis-faq-cost-basis-basics-tax-reporting-faqs/303912/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/cost-basis-faq-cost-basis-basics-tax-reporting-faqs/303912.png","ImageObject",442,249,{"name":88,"@type":89},"Caleb Sterling","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-27","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":47},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What does “cost basis” mean for mutual fund shares?","Question",{"text":108,"@type":109},"Cost basis is generally the original investment plus subsequent purchases, including reinvested dividends and capital gains, with certain adjustments. It is used to determine the gain or loss realized when fund shares are redeemed.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"Is determining cost basis a new requirement for taxpayers?",{"text":113,"@type":109},"Taxpayers have always been required to determine cost basis for reporting capital gains or losses. For mutual fund shares acquired on or after January 1, 2012, brokers are required to track and report the basis and holding period to both the shareholder and the IRS.",{"name":115,"@type":106,"acceptedAnswer":116},"How do covered and non-covered securities differ on Form 1099-B?",{"text":117,"@type":109},"Covered shares are generally acquired on or after January 1, 2012, and brokers must report their cost basis for sales or exchanges to both the investor and the IRS. Non-covered shares are acquired before January 1, 2012 or have unknown cost basis, and cost basis is not required to be reported to the IRS for those shares.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},303912,1790188441,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":47,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":8,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":79},962084925290,"https://ap-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45","COST BASIS FAQ  \nThe following information may be useful when reviewing your cost basis on tax forms and statements. This discussion is specific to mutual fund shares held directly with Columbia Management Investment Services Corp. (CMIS). If you hold your shares in a brokerage account, you will receive your tax forms and statements from your broker, and you should contact your broker for tax reporting information. For additional information about these tax forms, talk to your tax advisor. Additional information is available at [irs.gov](irs.gov), where you can find applicable tax forms, instructions and relevant IRS publications.  \nBelow are some frequently asked questions regarding cost basis and determining your cost basis. In addition to the information below, our tax guide has additional frequently asked questions.  \nSection 1-Cost basis basics  \n􀂃 What is cost basis?  \n􀂃  Is the determination of cost basis a new requirement?  \n􀂃 What is the difference between a non-covered and a covered security?  \n􀂃 What methods are available to calculate cost basis?  \n􀂃 What is a holding period and how is it calculated?  \n􀂃 What is a tax lot?  \n􀂃 What shares are redeemed first?  \n􀂃 What is a wash sale?  \nSection 2-Tax reporting of cost basis  \n􀂃  How do I find my cost basis if it is not on my 1099-B or I don’t know when I opened my account?  \n􀂃 What kinds of accounts are subject to mandatory cost basis reporting?  \n􀂃  How are S corporations affected by mandatory cost basis?  \n􀂃 Why doesn’t my IRA have cost basis?  \n􀂃 Why aren’t you reporting the gains and losses for all my trading activity?  \nSection 3-Locating information online  \n􀂃  Is my cost basis available online?  \n􀂃 Where can I find my cost basis?  \n􀂃  Can I download my form into tax software?  \n􀂃 Where can I change my cost basis?  \n􀂃  Can I view an estimated gain or loss before doing a redemption or exchange?  \nSection 4-Additional questions and resources  \n􀂃 What happens if I change brokers? Will I lose the cost basis information on those shares?  \n􀂃 What is my cost basis and holding period for shares I acquired via gift or inheritance?  \n􀂃 What happens if I wish to change the cost basis method on my account in the future?  \n􀂃 Why do I need to choose a secondary cost basis method if I want Specific Lot Identification on my account?  \n􀂃  How do I add or edit my cost basis information?  \n􀂃  How many years of transaction records does Columbia Threadneedle Investments have available?  \n􀂃  How does a reverse stock split affect shareholder cost basis?  \n􀂃 After a reverse stock split, how will the new cost basis be calculated?  \n􀂃  Does Columbia Threadneedle have any information to send me on the cost basis rules, such as literature or IRS information?  \nSection 5-Glossary of terms  \n􀂃  \n􀂃  \n􀂃  \n􀂃  \n􀂃  \n􀂃  \n􀂃  \n􀂃  \n􀂃  \n􀂃  \n􀂃  \nAverage cost Bifurcation  \nCost basis method Covered shares First in, first out Fund default method Gifted shares  \nHigh cost Holding period Inherited shares Last in, first out  \n􀂃  Long-term gain or loss  \n􀂃  Loss gain utilization  \n􀂃  Lot or tax lot  \n􀂃  Low cost  \n􀂃  Non-covered or uncovered shares  \n􀂃  Return of capital  \n􀂃  Short-term gain or loss  \n􀂃  Specific lot identification  \n􀂃  Stock splits  \n􀂃 Wash sales  \nSection 1-Cost basis basics  \nQ1.1: What is cost basis?  \nCost basis is generally your original investment and subsequent purchases (including reinvested dividends and capital gains) of fund shares, with some other adjustments for certain activity.  \nCost basis is used to calculate the amount of gain or loss realized on redemptions of fund shares. The capital gain or loss is equal to the difference between the cost basis of the shares redeemed and the proceeds on a redemption. The cost basis allocable to a redemption is determined based on the cost basis accounting method you use. Additionally, if you receive new shares of a fund because of a fund split or merger, the cost basis of your old shares may need to be adjusted and cost basis of your ne","cbCairQv4Tzy6Bfa","https://ap.wps.com/l/cbCairQv4Tzy6Bfa","pdf",343381,"English","# Section 1 - Cost basis basics\n## What is cost basis?\n## Is the determination of cost basis a new requirement?\n## Difference between covered and non-covered security\n# Section 2 - Tax reporting of cost basis\n## Find cost basis when it is not on 1099-B\n## Accounts subject to mandatory cost basis reporting\n## How S corporations are affected\n## Why IRA may not have cost basis\n## Why not all trading gains and losses are reported\n# Section 3 - Locating information online\n## Is cost basis available online?\n## Where to find cost basis\n## Downloading forms to tax software\n## Changing cost basis\n## Viewing estimated gain or loss before redemption\n# Section 4 - Additional questions and resources\n## Changing brokers and preserving cost basis\n## Cost basis for gift or inheritance\n## Changing cost basis method later\n## Secondary method for specific lot identification\n## Adding or editing cost basis information\n## Transaction record retention and reverse stock split impact\n# Section 5 - Glossary of terms","[{\"question\":\"What does “cost basis” mean for mutual fund shares?\",\"answer\":\"Cost basis is generally the original investment plus subsequent purchases, including reinvested dividends and capital gains, with certain adjustments. It is used to determine the gain or loss realized when fund shares are redeemed.\"},{\"question\":\"Is determining cost basis a new requirement for taxpayers?\",\"answer\":\"Taxpayers have always been required to determine cost basis for reporting capital gains or losses. For mutual fund shares acquired on or after January 1, 2012, brokers are required to track and report the basis and holding period to both the shareholder and the IRS.\"},{\"question\":\"How do covered and non-covered securities differ on Form 1099-B?\",\"answer\":\"Covered shares are generally acquired on or after January 1, 2012, and brokers must report their cost basis for sales or exchanges to both the investor and the IRS. Non-covered shares are acquired before January 1, 2012 or have unknown cost basis, and cost basis is not required to be reported to the IRS for those shares.\"}]","COST BASIS FAQ - Cost Basis Basics - Tax Reporting FAQs | PDF",1789808286]