Tax Lot Lines Tab

This tab displays information about the tax lot(s) affected by each transaction line entered. All entries in this tab are system-generated after you add a transaction line. The total number of tax lot lines is displayed in parentheses to the right of the tab header. The tax lot entries are based on the tax lot indicator associated with the security you specified.

If you change the transaction line units or amount or delete the transaction line, the system corrects the entries in the Tax Lots Lines tab automatically.

The tab header indicates the number of tax lines in the e-doc.

Note: All calculations for tax lot lines are rounded according to the standard KFS endowment rules for rounding. For more information on these rules, see Standard Rounding Rules.

Tax Lot Lines tab definition

Title

Description

Line Number

Display only. The line number of the corresponding Increase or Decrease transaction line.

Transaction Lot Number

Display only. A system-generated ID number for the tax lot based on the tax lot holding number.

Units/Shares

Display only. The number of units or shares calculated by the system based on the number of units in the original tax lots as a percentage of the total units of the security tax lots in the record held by the KEMID.

Holding Cost

Display only. The system-calculated proportional cost of the security for this tax lot.

Acquired Date

Display only. The acquisition date for the holdings in this tax lot.

Actions

Click Description: tinybutton-delete1 to delete a tax lot from this calculation. At least one tax lot must remain. Deleting a line causes the system to recalculate the distribution among the remaining lines.

More:

Process Overview