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FIELD GUIDE #019 What the FDL Tax Alpha Dashboard Shows How to read visible tax value, filing result, and audit trace across FDL. Without the Tax Alpha Dashboard Tax Work Stays Invisible A correction can be technically right and still difficult to explain, review, or defend. FDL View Tax Work
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PROOF LOG #018 AAPL Concentrated Stock Exit: FIFO vs Prepared Lots Prepared exit. Reviewable path. FIFO Default Hits the Old Lot A concentrated AAPL exit can consume the 2016 low-basis lot if FIFO controls the sale. FDL View Prepared Exit Lots The prepared record includes two Target Lot IDs,
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PROOF LOG #017 Specific Identification Before Trade: MSFT FIFO vs Selected Lot Prepared before trade. Reviewable after audit. Broker FIFO Sells the Old Lot Default FIFO would hit the 2016 low-basis MSFT lot. FDL View Old Lot Preserved Under the prepared selected-lot record, the 2024 lot is consumed
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PROOF LOG #016 SPY Covered vs Noncovered Basis: One Sale, Two Tax Worlds One SPY sale. Two reporting worlds. Broker View One SPY Sale A single sell order can mask different basis burdens inside the same ticker. FDL View Covered + Noncovered Basis FDL separates the legacy burden from the modern
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PROOF LOG #015 QYLD Return of Capital Before Sale: High Yield May Be Basis Return What looked like yield may be basis coming back. Client View High Yield Monthly ETF cash flow can look like income. FDL View Basis Return FDL shows final 1099-DIV ROC reducing the original lot
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PROOF LOG #014 NVDA Same-Day RSU Sale: Basis Already Taxed at Vest Same-day sale. Still a gain. Broker View Same-Day 7-Figure Gain Missing basis can make a same-day RSU sale read like a massive capital gain. FDL View $1.96M Taxed Basis FDL carries the
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PROOF LOG #013 MSFT Partial ACATS Transfer: Cost Basis Lineage Defense When part of a position moves, cost basis and source-lot lineage still need to remain reviewable. Broker View New Lot A partial transfer can make the Schwab-side piece look like a fresh lot. FDL View Source Lot
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PROOF LOG #012 Wash Sale Across Household Accounts | TSLA Across 3 Brokers When one household trades through three brokers, no single broker sees the full wash sale path. Broker Scope One Account A single broker view can miss the denied-loss path once the replacement lots land elsewhere. FDL Household
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PROOF LOG #011 Solventum Spin-Off Basis and Holding Period | 3M to SOLV A 3M / Solventum spin-off creates a SOLV child lot with allocated basis and inherited holding-period lineage. Continuity Rule Child Lot, Inherited Tax History A spin-off can create a new security symbol without resetting the
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PROOF LOG #010 GE Spin-Off Cost Basis and Holding Period | GE, GEHC, GEV A reverse split and dual spin-off did not erase history. The broker-facing record did not preserve the full lot history. GE was not a ticker change. It was a structural event chain. FDL does
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PROOF LOG #009 Realty Income (O) Return of Capital | 10-Year Basis Reduction When broker average cost says $52.24 but the 10-year corrected basis is $45.55. Broker Summary $52.24 The average cost summary does not show 10 years of ROC erosion. Tax Alpha Dashboard $6,690.
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Audit Log #008 The 717-Day Time Heist: DFS/COF Fractional Recovery BROKER RESET 2025-05-19 SHORT-TERM (37%) FDL RESTORED 2023-06-02 LONG-TERM (20%) A merger is not a reset; it is a transformation. Yet, brokers routinely erase your 717-day ancestry, converting a tax-free