Hmm. Never thought of hypos. Thanks. I'll look into it.
On a very easy to read page of the report, it outlines for example what you started with, number of shares. At the end, it tells you how many shares you have, the current value, total amount of reinvested assets. So, since the reinvested was already taxed...
Started with 1000 shares at $10,000
Later, you have 2000 shares at 20000, with 5000 in total div/cg reinvested.
10k principal, plus 5k reinvested and taxed already is your basis of 15k. Your basis per share is 15k divided by the 2000 shares. So, your basis per share average is $7.50, with a current value of $10 per share. And selling each then is a 2.50 gain...
Obviously, this works to the degree of using average basis, as I’m no way in heck going to enter each line for line! Our clearing firm is again pretty good, all we do is click on the holding, update basis, put in the date of purchase and the basis per share. Next day it is updated, and in the system.
You can imagine how much time I’ve saved these last couple years, with the tax reporting no longer being an issue at all! More, time, for golf...