King Rat (gkr) wrote,
King Rat

Urg, my head

I got too busy to eat at work today. Guess what happened? This time I sucked down 2 Cherry Cokes® within about 10 minutes of the vision issues starting and that seemed to nip it in the bud mostly. Still had a killer headache from 3:30 on though. Got home and ate a can of Spaghetti-o's®, some orange juice and 2 Exedrin®. Waiting for that to kick in and kill my headache.

In other news, there is no news.

Okay, boring stuff. I've been entering all my financial data into the computer so that I have a good and accessible record when I do my taxes next year. No more scrambling through 10 years of paper records to find a piece of information. I'm probably 60% done with this task right now. It would be unnecessary if a brokerage transferred all the information about a holding when they transferred the holding. Here's the issue I had with my taxes. My grandfather died years ago. He left me a small sum of money. My aunt (the trustee) bought a mutual fund. Over the years the earnings were reinvested in the fund, (this is the important part) at the price of the fund at the time the money was earned. When the money was turned over to me, instead of taking it in cash, I simply had them transfer the shares of the mutual fund. Except they didn't copy over the information on how much I paid for each share or when each was purchased. Just the count of shares. I sold some of it last year. I pay income tax on the profit, or the difference between what I paid for it and what I sold it for. There's several different ways of figuring this out (the simplest being cost averaging). But I have to know how much I paid for it, which a broker normally tells you. Except when the customer has transferred the shares to his account. So I had to go back to what records I had from my aunt to add up 14 years of earnings and costs. In the end, I am missing a bunch of information still and so I made educated guesses in a couple of places.

Anyway, I'm getting all that entered into the computer for what I have left so that I can do the same thing in 30 minutes that took me 6 hours last Tuesday. Aren't you glad I wrote about this? Isn't my life exciting?


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