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 ...

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.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

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 ...

Adjusted cost basis is a figure used in the calculation of the gain or loss a person made by buying and then selling an asset. It is based on the actual price paid for an asset, but includes a range ...

Accurate cost basis calculation is essential for determining capital gains or losses and ensuring compliance with tax laws. Different countries have unique rules for classifying and calculating the ...

What is cost basis in crypto? In the context of cryptocurrencies, “cost basis” refers to the initial outlay paid for digital assets. It is an important consideration when calculating capital gains or ...

If you sold any investments in a taxable account in 2008, you'll need to report those transactions on your income tax return. You must provide information about the sale price and each asset's cost ...

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 ...

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.