Da Demo Club ReportsHelp
10/19/2016 Rachel Kiklas, Full Withdrawal in Cash
Report Preparation Date 07/21/2024
Member Valuation Date 10/18/2016
 
Unit Value  19.165068
Units Withdrawn  56.135988
Withdrawal Value  1,075.85
   
Cash  1,073.83
Withdrawal Fee  2.01
Post-Withdrawal Adjustment *  0.01
Withdrawal Value  1,075.85
 
Member's Basis Before Withdrawal  1,173.08
Current Income Allocation (12.50)
(A) Adjusted basis  1,160.58
 
Member's Cost Basis of Property Distributed:
Cash  1,073.83
Stock 
(B) Total  1,073.83
Member's Basis After Withdrawal 
Gain/(Loss) Realized on Withdrawal (B)-(A) (86.75)
Note- any gain/loss realized on withdrawal must be reported by the member on Schedule D of the 1040. This report should be run as of the end of the year to ensure that all adjustments for the year have been reflected.
Tax Allocations
Qualified
Dividend
Short-Term
Capital Gain
Long-Term
Capital Gain
Net
Profit
9.21 4.48 (26.19) (12.50)
*The Post-Withdrawal Adjustment occurs when a transaction which affects the unit value on the Member Valuation Date is subsequently entered into bivio after the withdrawal transaction has been entered into bivio. This value can be considered an additional fee to the member.