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.

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 ...

Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards. In the context of ...

Explore the meaning of "basis" in finance, focusing on its tax implications and role in investment transaction. Learn how it ...

The tax calculations required for cryptocurrency investments heighten your return’s complexity, and often lead taxpayers to make mistakes during the filing process. For crypto users who use multiple ...

I sold a bit of stock in 2024. A lot was AAPL bought via options in 2012. E-Trade no longer has any documents from back then. Since then there have been a stock split or 3, and a bunch of dividend ...

Selling mutual funds? Choose the right cost basis method to manage taxes efficiently and maximize your gains. Explore ...

Q. I have an inherited IRA from my grandmother. I receive small Required Minimum Distributions (RMDs) annually since she passed in 2008. What is the cost basis of an inherited IRA for New Jersey? I ...

Only seven months remain until new rules from the Internal Revenue Service on cost-basis reporting take effect. Are mutual fund companies ready? A new research report just issued by Celent claimed ...

Q. I have an inherited IRA from my grandmother. I receive small Required Minimum Distributions (RMDs) annually since she passed in 2008. What is the cost basis of an inherited IRA for New Jersey? I ...