BasisPro provides customers with a simple way to calculate cost basis information for all U.S. equities and mutual funds. BasisPro was designed to help advisors and accountants analyze sophisticated cost basis information and eliminate inaccuracies in cost basis reporting.
The BasisPro application is also available to individual investors. In addition to the original BasisPro product, a version of the tool designed with the individual investor in mind is included in the desktop and online versions of TurboTax Premier Investments and TurboTax Home & Business for tax year 2006. When reporting gain/loss information in TurboTax, users have the option to use BasisPro to calculate the cost basis of investments sold making a complex task quick and easy!