IRS Issues Final Regulations on New Basis Reporting Requirement

Oct 13, 2010 1 Replies

"WASHINGTON ? The Internal Revenue Service today issued final regulations under a law change that will require reporting of basis and other information by stock brokers and mutual fund companies for most stock purchased in 2011 and all stock purchased in 2012 and later years. The reporting will be to investors and the IRS. This additional reporting will be optional for stock purchased prior to these dates."



The pdf version of IR-2010-104 is at

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The actual regulations are at:

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