Da Demo Club ReportsHelp
12/05/2023 Jessica Chang, Full Withdrawal in Stock
Report Preparation Date 07/21/2024
Member Valuation Date 12/04/2023
 
Unit Value  38.332865
Units Withdrawn  226.923035
Withdrawal Value  8,698.61
   
Cash  2,128.74
Investments' FMV  6,227.00
Withdrawal Fee  21.50
Post-Withdrawal Adjustment *  321.37
Withdrawal Value  8,698.61
 
Member's Basis Before Withdrawal  7,420.09
Current Income Allocation  541.37
(A) Adjusted basis  7,961.46
 
Member's Cost Basis of Property Distributed:
Cash  2,128.74
Stock  5,832.72
(B) Total  7,961.46
Member's Basis After Withdrawal 
Gain/(Loss) Realized on Withdrawal (B)-(A) 
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
Interest Short-Term
Capital Gain
Long-Term
Capital Gain
Net
Profit
79.52 0.08 559.40 (97.63) 541.37
Investments Transferred, Market Value 12/04/2023
Name Acquisition
Date
Shares Price per
Share
Market
Value
Club's
Cost Basis
Member's Adj.
Cost Basis
AbbVie Inc (ABBV) 06/05/2020 10.000000 144.1500 1,441.50 935.00 1,379.78
AbbVie Inc (ABBV) 08/07/2020 4.000000 144.1500 576.60 370.88 551.54
D. R. Horton Inc. (DHI) 01/08/2021 6.000000 130.4900 782.94 416.70 738.32
D. R. Horton Inc. (DHI) 01/08/2021 4.000000 130.4900 521.96 269.79 491.24
Meta Platforms Inc (META) 05/20/2016 1.000000 320.0200 320.02 117.48 295.34
Microsoft Corp (MSFT) 05/08/2019 7.000000 369.1400 2,583.98 881.09 2,376.50
*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.