Is there a place to track cost basis of home purchase or stock within ProConnect?

Forum|Forum|3 years ago
March 16, 2023
1 reply
10 views

No text available

ProConnect Tax

This topic has been closed for replies.

itonewbie

Level 15

Nope, there's not.

That's something I'd keep on the Carryover Notes and the folder for carryover.

Personally, I would not track stock basis for clients, especially since most are covered securities these days.

The only thing that I still track in relation to stocks (only because clients often don't understand its significance) is nondividend distributions.

---------------------------------------------------------------------------------Still an AllStar

C

cakeenAuthor

Level 4

What do you mean by "keep on the Carryover Notes", and ""folder?" Is there a section named that? TIA

itonewbie

Level 15

That's the old fashion client file setup when things were done on paper and is replicated in electronic formats these days. Whatever you decide to do, it'd be outside of ProConnect Tax.

---------------------------------------------------------------------------------Still an AllStar

Sign up

Login with SSO

Let's get you signed in

Login with SSO