Welcome to The Oakmark Funds Cost Basis Solution Website
This website will offer general information regarding the new Cost Basis Regulation, provide sample documents and links to additional information, and offer answers to the most frequently asked questions about cost basis.
Cost Basis Summary
The Cost Basis Summary provides background information on the Cost Basis Regulation and how you can make your cost basis election.
Documents
This page includes links to sample documents including an Oakmark Cost Basis Election Form and Form W-9 for corporate accounts.
How to Complete the Election Forms
Refer to this section for instructions for completing your Oakmark Cost Basis Election Form.
The Oakmark Funds' cost basis default method is Average Cost. If you wish to elect Average Cost as your cost basis method, you do not need to take any action.
Frequently Asked Questions (FAQ)
Refer to this section for answers to the most commonly asked questions about the new Cost Basis Regulation.
Tax Information
Your cost basis election impacts the taxable gains or losses that will be reported to the IRS and reported by you on your income tax return. Please consult your tax advisor for information applicable to your specific tax situation.
Refer to this section for a link to the IRS website for cost basis information.
Contact Us
In the event that you have additional questions, refer to this page for information on how to contact us.
The information on this website and on the Cost Basis Election Form and Notice is not intended to be a complete discussion covering all of your income tax requirements, and should not be relied upon as a source of professional advice. If you require specific information concerning your individual tax situation or require assistance with determining which cost basis reporting method is appropriate for you, please consult your tax advisor.