- Equities, including foreign securities and American Depository Receipts (ADRs), acquired on or after Jan. 1, 2011
- Regulated investment companies (RICs), like mutual funds, and equities acquired in connection with a dividend reinvestment program acquired on or after Jan. 1, 2012.
- The law will apply to fixed income, options, warrants, and rights, purchased no sooner than Jan. 1, 2014.
4. Like last year, the IRS will require individual investors to report capital gains and losses on their personal tax returns by completing a Form 8949, which will list and summarize gain/loss transactions.5. TD Ameritrade has created a service and support group within its investor service call centers, as well as dedicated cost basis reporting content on its website to help educate clients on what this change means for them. Since last year, TD Ameritrade has also expanded its external chat capabilities related to questions about tax filing. Becky Groves, Director of Government Reporting at TD Ameritrade, said, “Cost basis reporting is complicated and for that reason, we started educating clients about the new law back in 2010. With the introduction of mutual funds this year, we’ve expanded on that education and have enhanced our 1099 to simplify the 2012 tax filing process for our clients.” Investors seeking more information on changes in cost basis reporting are encouraged to visit TD Ameritrade’s website for more information, contact TD Ameritrade via phone at 800-669-3900, or speak with an Investment Consultant at any of the company’s 100+ branch locations. TD Ameritrade does not provide tax advice. We suggest that you seek the advice of a qualified tax-planning professional with regard to your personal circumstances. AMTD-G About TD Ameritrade Holding CorporationMillions of investors and independent registered investment advisors (RIAs) have turned to TD Ameritrade’s (NYSE: AMTD) technology, people and education to help make investing and trading easier to understand and do. Online or over the phone. In a branch or with an independent RIA. First-timer or sophisticated trader. Our clients want to take control, and we help them decide how – bringing Wall Street to Main Street for more than 36 years. TD Ameritrade has time and again been recognized as a leader in investment services. Please visit TD Ameritrade’s newsroom or www.amtd.com for more information. Brokerage services provided by TD Ameritrade, Inc., member FINRA ( http://www.FINRA.org) SIPC ( www.SIPC.org) /NFA ( www.nfa.futures.org).