3 ms·
You still need to do the cost basis calculation yourself, because a single financial institution can't calculate that for you (you may have the same securities
by pesfandiar 5y ago
You still need to do the cost basis calculation yourself, because a single financial institution can't calculate that for you (you may have the same securities with another institution).
- alkonaut 5y agoA different institution from what? If all banks, employers and other institutions are required to send the info to the tax authority, the only "other" things you need to fill in is basically income made abroad. But most people obviously don't have foreign income or assets, so a tax calculation should be 100% correct and simply a matter of accepting? The Tax authority should also have a very good guess of all possible deductions/credits, so that can be filled automatically too.