Cost Basis - Overview


This working group addresses implementation issues associated with the new cost basis requirements as laid out in the Economic Recovery Plan (Section 403 of the Act) passed on October 3, 2008. FIF has been active on this issue by conducting surveys, drafting comment letters and testifying at IRS public hearings. Current activities are focused on the fixed income and options requirements of the rule.

Current Topics Include: 1099-INT, 1099-OID, 1099-B Forms and Instructions, securities covered in 2016



Robert Linville, Scivantage