Reply To: Can I Determine Cost Basis differently than my discount brokerage

Home Fairmark Forum Taxation of Investments Can I Determine Cost Basis differently than my discount brokerage Reply To: Can I Determine Cost Basis differently than my discount brokerage

#8016
kaneohe
Participant

This is what Vanguard does with non-covered vs covered shares:

“The noncovered shares will also generally be sold before the covered shares. Vanguard won’t report the basis of noncovered shares to the IRS.”