Cost Basis Plus is a Checkpoint tool from Interactive Data, a third-party provider. Obtain daily information on corporate actions that may affect the cost basis of a security. Each announcement contains pertinent corporate actions information (e.g., terms of the action and relevant dates), as well as the issue’s updated unit cost basis. The cost basis system is based on the announcements provided from Interactive Data’s daily corporate actions file. The cost basis consequences of each action are researched and details are provided in a daily file. These announcements appear in Cost Basis Plus the following morning.
Additionally, Cost Basis Plus provides users with tools to efficiently research, monitor, and generate reports for cost basis affecting events. For example, you can use this tool to research the securities information you need to complete 1040 Schedules B and D. With this Web-based, always current, automated securities payment research tool, you can access the following:
You can track Dividend Reinvestment Programs. Cost Basis Plus also contains
other features, such as client worksheet software and integrated client
contact (CRM) to make the use of the product as efficient and valuable
as possible.
Note: Again, this service is updated nightly; therefore, the data you
get is always current as of the previous business day.
If you are a Cost Basis Plus subscriber, you can access this product in Checkpoint by performing the following steps:
Click the Tools tab.
Select the Cost Basis Plus link in the left frame.
Click the Continue button to access the login screen.
Under Account Login, type your Username and PASSWORD.
Click Log On.
The Cost Basis Plus Main Menu displays the following options:
Search
Cost Basis Database
Search the entire Cost Basis database
on user-defined variables.
Search
Dividends
Search the entire Cost Basis database
on user-defined variables.
Cost Basis
Calculator
The Cost Basis Calculator allows
the user to compute the resulting cost basis and number of shares
of a security.
Multiple
Trades Calculator
The Cost Basis Calculator allows
Premium users to compute the resulting cost basis and number of shares
for multiple securities.
Cost Basis Calendar | Current Week | Current
Month
A visual display of upcoming corporate
actions in a calendar view.
Note: The Enter More Trades button appears only in the Premium version of cost Basis Plus.
Cost Basis Calculator Instructions:
1 - Enter a Security Identifier or use the Company name to search the CUSIP database. (Use the magnifying glass icon.)
2 - Enter Purchase Date or use the Calendar icon to look up the date.
3 - Enter share purchase price or get daily historical pricing information by using Price Lookup (magnifying glass icon).
4 - Enter number of shares purchased.
5 - Enter the date the securities were sold. (Default is current day)
6 - Reinvest Dividends: Select Yes if you want the Calculator to Reinvest Dividends; select No if you do not; select Exclude Dividends to exclude all dividend information from the results.
7 - Click Calculate to view the results.