https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-to-i-calculate-the-cost-basis-for-a-utma-account/01/576115#M24718 <P>My daughter is withdrawing from her UTMA and we are being asked for the Cost Basis.&nbsp; I contributed to this account over many years by making a monthly contribution and have most of the statements.&nbsp; What it the most practical method of handling this.<BR /></P> Wed, 05 Jun 2019 21:55:12 GMT Bean28 2019-06-05T21:55:12Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-to-i-calculate-the-cost-basis-for-a-utma-account/01/576115#M24718 <P>My daughter is withdrawing from her UTMA and we are being asked for the Cost Basis.&nbsp; I contributed to this account over many years by making a monthly contribution and have most of the statements.&nbsp; What it the most practical method of handling this.<BR /></P> Wed, 05 Jun 2019 21:55:12 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-to-i-calculate-the-cost-basis-for-a-utma-account/01/576115#M24718 Bean28 2019-06-05T21:55:12Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-the-account-does-not-have-a-breakdown-of-contributions/01/576119#M24719 <P>If the account does not have a breakdown of contributions and income, you will have to add up the monthly amounts to get the total.&nbsp; (Luckily you should only have to do this once)<BR /></P> Wed, 05 Jun 2019 21:55:14 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-the-account-does-not-have-a-breakdown-of-contributions/01/576119#M24719 MaryK1 2019-06-05T21:55:14Z