Subject: Capital Gains Comment: I do my mother's taxes. Last year she sold a GNMA fund that she has held for twenty plus years and has purchased shares monthly for almost the entire time. The Mutual Fund company provided only the total value of the fund at the point at which she sold it. Determining the basis, and any gain or loss, was left to her (me). I literally spent hours attempting to reconcile all of her statements through the years to caclulate the gain or loss on this fund. There should be a better and easier way. |