Peter wrote: hello,
after getting all my ancient transactions typed in i'm now back to looking at this and so far my approach has been to add the fees upfront to the cost so that i'm using the cost per share adjusted by the fees (as my basis). when i sell i'll use the price per share adjusted by subtracting the fees for the sell to get the actual tax reported PnL. as asides... in going through these old transactions i've come across at least one error where the broker gave me a refund on part of a commission and i forgot to adjust my basis for those shares so i over-reported my income by a few $. oh well, water over the dam at this point and long gone. i had to make up a transaction for adjusting the fees for that stock symbol overall, but to not adjust the basis (and while i was at it i made up a generic function that would allow me to adjust any field in my table that is a number just in case i do have to adjust some transaction as i'm working forwards). since the accounts are going to be moved to Schwab in a few weeks/months this is all rather an academic exercise as i'm not sure they're going to carry forward the basis of anything correctly (TDAmeritrade has no idea how to deal with some things in my history as it is as i have shares doing back before TDW (which used to be WHS) merged with Ameritrade.) sometimes i think brokerages merge just to be able to throw away their account histories... ... > Hi, > > I'm looking for some beancount (and maybe general accounting?) advice here: > > Investing successfully in stocks makes you a subject for capital gains > taxes. But investing in stocks comes with a cost for buying and selling > shares. That cost is deductible from your capital gains and, therefore, > lowers your taxes. ... fin -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/8hq8fj-2n7.ln1%40anthive.com.
