Cost basis is the original price or cost of an asset purchased by an investor. It is used for tax purposes when calculating capital gains or losses. Capital gains or capital losses is the difference ...
People invest with the hope of earning a return over time. But what happens when you choose to sell? Cost basis is key to understanding your tax obligations and the true profit of your investments.
Learn what cost basis is and why it matters when you report crypto gains. Know how to calculate it using FIFO or LIFO and ...
How do I calculate the unit-cost basis of my mutual-fund shares? QUESTION: I have two funds which have had the dividends automatically reinvested. How do I calculate the unit-cost basis? I do know the ...
Years and years ago, a beloved grandmother gave you a stock certificate for shares she'd cherished for decades, and now you're selling them for your child's fall semester. It happens all the time. But ...
Don’t ignore your cost bases for your investments, as you will most likely need to know it at some point. If you want to calculate how much you've gained or lost on an investment, you'll need to know ...
You are responsible for reporting your cost basis information accurately to the IRS. Selling an investment typically has tax consequences. To figure out whether you need to report a gain -- or can ...
— -- Q: How do you calculate the cost basis of stocks where the original company has split into two or more other companies and you get different numbers of shares from each? A: This is another ...
When you buy a stock, you hope to sell that stock for more than you paid. But when you do finally make that sale, you have an important calculation to make. Because your capital gains tax is based on ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Adjusted basis is the value of an asset ...
If you want to calculate how much you've gained or lost on an investment, you'll need to know your cost basis. It's important for your tax records, too. Let's run through a very simple example.