An asset’s cost basis is the amount it was purchased for, including any associated fees. An investor’s cost basis is the amount they paid for an asset when they purchased it, including any commissions ...

Cost basis is the original price of an investment or asset used to calculate capital gains taxes. Usually, the cost basis is the price at which the asset in question was purchased. Cost basis is the ...

Under current law, assets acquired from a decedent receive an adjustment in cost basis to fair market value, thereby potentially eliminating significant unrealized gain. Although Congress has and ...