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Started the DRIP 20 years ago.
Was concerned about setting off flags if adjusting the basis is required when it's sold. Especially since it would be adjusting shares purchased after 2012 - covered shares.

Another DRIP brokerage was requested to adjust the basis and it was correctly reported when it transferred to the consolidated brokerage house - granted it lists the shares as non-covered, but does give the adjusted cost and gain which is helpful.

I guess it's more for convenience - this request - even though it's non-covered - at the new brokerage house (VG), they will list on your account the cost basis for non-covered shares. They don't report it, but at least you aren't having to figure it all out.

So I'm hoping to put in the request for the adjustment one more time - and cross my fingers that I explain in a clear way that the cost basis should be adjusted. They certainly have been given paperwork to prove the loss of spouse.

nag
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