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Messages - Matt Willms

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Reporting / Investment Account Manager v3 Individual Reports
« on: February 15, 2017, 10:40:23 AM »
Investment Account Manager v3 Individual includes more than 50 professional reports summarizing your investments: current holdings, unrealized gains/losses, sold positions & realized gains/losses (tax filing), income received (tax filing), capital gain distributions, commissions paid, security allocation, portfolio diversification, portfolio cash flow projections, tax basis, performance measurements, asset maturity schedule, transactions ledger, and more.

If you have any specific questions, please post your questions in this forum category.

The link below will open a pdf file of IAMv3 Individual sample reports:

Announcements / New Software Review
« on: November 11, 2016, 12:49:16 PM »
Investment Account Manager v3 was recently reviewed by the American Association of Individual Investors.  Once again, IAM has been chosen as one of the Top Portfolio Management Software solutions available to investors.

See review here:

Announcements / New Investment Account Manager v3 Now Available
« on: November 11, 2016, 12:47:09 PM »
After an extensive period of developing and testing, we’re pleased to announce the release of Investment Account Manager v3 for individuals.  We’re confident you'll find the new IAM3 Individual version even more helpful in successfully managing your investment portfolio(s).  A few of the more notable improvements include:

• Re-designed IAM home page.
• New transaction activity ledger.
• Expanded allocation by asset types.
• Performance storing and comparison reporting.
• Portfolio grouping for reporting.
• Expanded list of supported financial institutions.
• Updated interface and look.
• New more comprehensive help system.
• Plus much more...

Our latest 30 day free trial version is available:

Transactions / Re: Wash Sales
« on: September 07, 2016, 08:37:56 AM »
For disallowed losses due to violating the wash sale rule, you enter for the purchase that caused the violation of the rule the cost basis amount that properly reflects the disallowed wash sale loss. You can add the purchase under the transactions menu | add edit delete transactions.

If you have add'l questions, please let us know.  You can email our technical support team directly at



Be sure you entered the information correctly.  Based on holding periods, IAM will derive the portion of the cash received that should be treated as return of capital.  If you have add'l questions, please let us know.  you can contact us directly at our email:


Transactions / Re: Cost Basis Step Up
« on: June 08, 2016, 09:02:09 AM »

Assuming the portfolio holding these issues was also being tracked in IAM, use the edit menu | transfer a security choice.  In this feature, you can change the basis to market value on date of death for the transfer process. If you have add'l questions, please contact us directly using our support email address:


Transactions / Re: Kraft Heinz merger
« on: February 29, 2016, 08:45:36 AM »

You can enter this under the IAM transactions menu | global transactions | merger function.  Enter the $16.50 received per share held and IAM will allocate this as necessary against cost basis or capital gain distributions.  It will not be treated as investment income.

Hope this helps,


Transactions / Spinoff of Baxalta Inc. from Baxter International
« on: July 13, 2015, 12:29:41 PM »
For details on the Baxter - Baxalta spinoff, see the link below...

Enter this spinoff activity under the IAM Transactions Menu | Global Transactions | Spinoff choice.

Question: I need assistance in how to record the spinoff of Tegna, Inc from Gannett, which took place at the end of June, 2015.

I had 400 shares of Gannett, with a LT cost basis of $10,738.50.  I now have 400 shares of Tegna, with a cost basis (as provided by my broker) of $8,777.85, and 200 shares of Gannett Spinco, Inc., with a cost basis of $1,960.65.  The total cost basis of the 2 companies equals the original cost basis.  No cash payments were involved.  How do I record this spin-off in IAM?

Answer:  Gannett announced in August 2014 that it planned to separate into two publicly traded companies: a broadcasting and digital company that will operate under the name TEGNA and a publishing company that will retain the name Gannett Co., Inc. Under the terms of the transaction, Gannett shareholders retained their shares of Gannett, which was renamed TEGNA, and also received one share of new Gannett for every two shares of Gannett stock they owned. New Gannett shares also begin “regular way” trading today on the NYSE under the symbol GCI.

To enter this in Investment Account Manager, follow these steps...

1. Select the Asset Library Menu | Current Asset Library
2. Select Gannett and then the Edit Tab
3. Edit the symbol to TGNA (Tegna)
4. Edit the name to Tegna Inc.
5. Save changes and close the Current Asset Library

6. Select the Transactions Menu | Global Transactions | Spin-off choice
7. Enter for date of the spin-off: 6/29/2015
8. Enter for security symbol of issuer: TGNA
9. Enter for security symbol of spin-off: GCI
10. Enter for market price of GCI on day of spin-off: $14.13
11. Enter for number of spin-off shares received for each share of the issuer held: 0.5
12. Enter for percentage of original cost basis retained by issuer's shares: 81.7418
13. Percentage of original cost basis allocated to spin-off shares: will show as 18.2582

Once the above information has been entered, IAM will list those portfolios that will be adjusted by the spin-off activity.  Use the Print button to print an audit report.  Then use the 'Select All' button to check all portfolios shown. Then select the button to 'Apply to Selected Portfolios'.

Verify all portfolios have been properly adjusted by printing the Security Basis Report.

For more information on this spin-off from the Tegna Inc. web site:

Transactions / Re: Master Limited Partnerships
« on: March 30, 2015, 09:32:41 AM »
Andy, you can make the entries as they happen, and change later; although given the complexity the K1's can cause at year end, you may want to wait to enter those activities until when you receive them prior to tax filing...


Transactions / Re: Master Limited Partnerships
« on: March 28, 2015, 02:44:24 PM »
You are on the right track, classify these as 'Other Investments'.  You can record the ROC as they occur, reducing the cost basis of the MLP as necessary for tax basis record keeping.  If you have add'l questions, please let us know.


Transactions / Medtronic / Covidien Tax Inversion Acquisition
« on: February 17, 2015, 11:03:06 AM »
We've had a number of IAM users that own Medtronic shares request help with the Medtronic / Covidien Merger Acquisition.  This transaction is not a 'merger' in the normal sense, since this is a taxable event to the owners of Medtronic shares.  As the article below explains, and may be of help to our users, Medtronic shareholders need to treat this as a taxable event because Medtronic's shares will be liquidated and then replaced by new shares in the cash-and-stock-based deal.

The proper way to enter this into IAM is to first sell the Medtronic shares using the closing price of Medtronic on 01/23/2015 of $76.95.  Then purchase new shares of Medtronic using this price of $76.95 to establish the new cost basis of your Medtronic shares.

As always, verify this information by consulting with your tax advisor, and the investor relations department offered on the Medtronic website:

Announcements / Investment Account Manager Facebook Page
« on: January 22, 2015, 02:36:15 PM »
Connect with us: and offer useful tips, tricks, comments, and other information regarding Investment Account Manager to help like-minded investors!

Announcements / IAM Blog Postings
« on: January 22, 2015, 02:34:19 PM »
Visit our blog posts for timely investment articles....

We welcome blog posts from our IAM users...

Contact us:

Transactions / Re: Verizon/Vodafone
« on: January 22, 2015, 02:27:41 PM »
Hi Linda:

You'll need the details as issued to you from VZ/VOD that shows the proper allocation ratios, market prices, and effective dates.  Once you have that information, you can use the IAM global transaction function for the proper entry.


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