Sentences with phrase «for noncovered»

You'll need to keep detailed records of your adjusted basis for noncovered shares, including adjustments made for purchases and sales of mutual funds, most exchange - traded funds (ETFs), and stocks.

To update your cost basis for noncovered securities, complete the USAA Brokerage Cost Basis Form (Opens New Window) Cost Basis Form or contact a USAA representative at 1 -800-531-USAA (8722).

My cost basis information is missing for a noncovered security in my USAA account.

You would maintain one average for covered shares and another for noncovered shares.

The cost basis information provided for noncovered shares is not required and is offered as a courtesy.

Cost basis reporting for noncovered shares will be sent to you alone; it will not be sent to the IRS.

Not exact matches

Although we'll include details for sales of both covered shares and noncovered shares, only the cost basis information for sales of covered shares will be reported to the IRS.

You remain responsible for reporting your cost basis information to the IRS on Form 8949 and on Form 1040, Schedule D, for all shares sold, whether they're covered or noncovered.

Cost basis for sales of noncovered shares will be reported solely to you.

You may hold covered and noncovered securities in the same investment account, but for tax purposes they'll be treated as if they were in two separate accounts.

Both of these provisions are intended to adjust for a perceived unfair advantage when Social Security benefit formulas are applied to those who also earned pensions in noncovered employment.

It's important to note that investors will still be solely responsible for calculating and reporting gains and losses realized on the sale of noncovered securities — those acquired before the above dates.

Individual investors are solely responsible for reporting gains and losses on noncovered securities to the IRS.

You won't be able to use this shortcut for sales of noncovered securities (such as stocks you bought before 2011 or mutual fund shares from before 2012), or for items requiring adjustments due to application of rules such as the wash sale rule.

You remain responsible for reporting your cost basis information to the IRS every year on Form 1040, Schedule D, for all shares sold, whether they're covered or noncovered.

As a practical matter it isn't possible for brokers to go back in time and make these adjustments for all the noncovered securities held by their customers.

(Affirming Trial Court's Grant of Orders for Prejudgment Attachment of Amounts Paid by Insurer on Noncovered Claim Where Insurer Proved «Probable Validity» of its Claims for Unjust Enrichment and Rescission)

In a proceeding for medical support only, each parent's share of the child's noncovered medical expenses shall equal the parent's percentage share of the combined net income of the parents.