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Use the Account Custodian As the Source of Record for Realized Gains/Losses

In some rare cases, such as after a cost basis reset, the custodian may have more accurate cost basis than Tamarac Reporting. To accommodate these types of scenarios, Tamarac Reporting has an option to use the custodian as the source for cost basis in several reports.

Select this check box to use the custodian's cost basis data on the following reports:

• Realized Gains and Losses Report(PDF and Dynamic)

  When this option is selected, the report will include capital gains distributions as reported by the custodian.

• Comparative Review Report(PDF and Dynamic)

• Account Information Bulk Report(The Account - Aggregate section)

This feature is available for accounts custodied at Schwab, Pershing, TD Ameritrade, BNY Mellon, and Raymond James for firms using Tamarac Services, and is only available for date periods after 2015. Reports run on data from before this time frame will not be fully populated.

If you are editing a partial ownership account, this field is disabled.

For more information on editing accounts, including how to navigate to this panel, see Maintaining Accounts.