Platform: Q2006 Dlx on Win XP Pro
I have a traditional IRA that was set-up in Q. several generations (of Q.) ago as a simple investment account, and I have had to manually manage all transaction activity. There was just one security (a mutual fund) in the account.
Last week, after discussing it with my broker, I sold half the shares of the one fund and purchased an additional fund in the same family. Also last week, I discovered Q's ability to accurately and correctly create an investment account from scratch, using the financial institution's online functions. So, I decided to get management of this old IRA account into the 21st century. Worked like a charm, but now I have some questions about how to clean up and delete the older Q. account.
Since the initial setup (of the new, replacement account) downloaded the last 90 (?) days of transaction activity, it got last weeks sell/buy, and has a cost basis for the new fund, but does not have it for the old fund. Is there some way I can -- manually if necessary -- get this information from the old account and enter it into the new? And are there any unforseen problems with simply deleteing the older account? I'm thinking that once I get the cost basis info from it, I can just delete the account. There has been no new cash going into it, so all the transaction activity is simply internal reinvestment -- no cash transactions from other accounts (like checking) to get 'orphaned.'