Cost Basis Problems Transferring Shares Between Accounts
When I transfer shares from one account to another, I select 'identify lots'. These are highly appreciated shares. Whether I select 'maximize gain' or 'minimize gain', the shares selected show a loss. In the gifting account, the cost basis of the shares shows correctly. The shares were recently converted from one share class to another in the gifting account. Average costing is not checked for the new shares. The share class upgrade shows the correct cost basis before and after the upgrade.
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