re: I'm getting bored with day trading. So, I'm going to create...

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From what I can tell Schwab does a good job of keeping up with the cost basis including reinvested dividends.

I used to keep my cost basis for including taxable dividends on an Excel spreadsheet but when I saw that my spreadsheet cost basis and the Schwab cost basis were always within a couple of pennies (literally) of each other, I stopped keeping the spreadsheet and I just rely on Schwab.

Anyway with the new 2011 IRS reporting for cost basis, Schwab's numbers is what counts. I'm sure not going to report a different cost basis over a few cents.

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Didn't mean the struggle to report, just the idea of paying taxes on monies not "taken"... that's all.

I used turbo tax and it pulled everything from my vanguard. I had to enter a few bought dates and that was it really.