I was unable to import data from CA3- even using the hint
about going to CA2 and redirecting didn't work so am in the
process of entering data on a switch over date. I am able
to enter the number of shares and dates acquired for the
actual purchases but am unable to add to our account the
number of reinvested shares acquired over time. Our broker
does not list a date for each reinvestment and only includes
a summary of "reinvestments to date." I really don't want
to have to go back through all transactions prior to the
switch over date to determine dates for each time we had a
reinvested dividend. At this point the software won't let
me enter these shares with out a date of purchase. If
anyone knows of a way to resolve this I would greatly
appreciate hearing about this. This has been an extremely
onerous task. Thanks

Barb Evans--WI

> I was unable to import data from CA3-
> even using the hint about going to CA2
> and redirecting didn't work

Didn't work in what way? Exactly what did you do and what happened?


> so am in the process of entering data on
> a switch over date.

> I really don't want to have to go back
> through all transactions prior to the
> switch over date to determine dates for
> each time we had a reinvested dividend.

Unfortunately, that is what you should do for a "switchover"
conversion. Each reinvested dividend is a separate purchase and
represents a separate tax lot.

That said, if I were faced with entering decades of dividend
reinvestments individually I might do the following. If you're willing
to assume in advance that all shares of a particular stock that you've
held for over a year will be sold (some day) in a single transaction
(perhaps together with some shares acquired later) then you can get
away with entering those shares held for over a year as a single
purchase. When you sell all those shares together the gain/loss will
all be long-term and you can list the sale of all the shares on a
single line with a purchase date of "various" (which may require that
you edit or prepare the Schedule D by hand if it's generated by
computer). This also assumes that the tax law definition of "long
term" doesn't change in the future.

Of course, that assumes you have some way to determine the aggregate
tax basis of all those shares together. If your broker only lists
shares acquired to date, you may have to go back and find all the
individual reinvestment transactions anyway.

-Jim Thomas



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