Get Cost Basis Method Election Form

Filling out the Cost Basis Method Election Form is an important step for managing your investments. This guide provides clear, step-by-step instructions to help you complete the form accurately and efficiently online.

Follow the steps to complete your Cost Basis Method Election Form.

1. Click ‘Get Form’ button to open the Cost Basis Method Election Form in your preferred online editor.
2. Provide your customer information. Enter the name of Customer #1, followed by the last four digits of their Social Security Number. If applicable, enter the name of Customer #2 along with their last four digits of Social Security Number. Finally, input your customer number.
3. Select your cost basis method. Check the box for your chosen method from the following options: Average Cost Basis Method, First in First Out (FIFO) Method, High in First Out (HIFO) Method, Last in First Out (LIFO) Method, or Specific Share Identification Method. Ensure that only one method is selected.
4. Sign the form. Both Customer #1 and Customer #2 (if applicable) must provide their signatures, along with the date of signing. This confirms your understanding of the professional advice you've received regarding cost basis reporting.
5. After completing the form, review all entered information for accuracy. Once verified, save your changes, download the document, print it for your records, or share it as needed.

Complete your forms online today for a streamlined document management experience.