Unreal! I sold some stock this past weekend and when I went to the Vanguard site to view the details, what a shocker! They want you to enter by date, number of shares, and cost for stocks that they don't have information on concerning cost basis. Even for stocks that THEIR ENTIRE HISTORY from original purchase and subsequent dividend reinvestments have all been through VBS. Only the last 2 years or so of these transactions are preserved.
All part of the new reporting rules I imagine. Now, I guess one need not HAVE to do this, but when you sell, you'd go through the same exercise, so I bit the bullet and spent the last 3 hours or so entering data for the last
11 years on a number of securities. Interesting with a few stock splits thrown in too!I must say that with Quicken's export to a .csv and Excel and subsequent manipulating the spreadsheet, all the numbers actually worked out to the absolute precision. I was most impressed.
Probably cut and pasted over 100 individual transactions. But what a pain in the arse.
So - if you have a Vanguard account, on the Portfolio summary screen if you see an option called 'Cost Basis', click on it and see if you are offered the 'fun' of doing this as well. Good luck if so. (At least it seems their mutual funds are all ok, it was only stocks and my ETFs I had to mess around with.)