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.

Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. The average cost ...

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 ...

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 ...

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 ...

As we wrap up tax season, I’m reminded of a mistake I’ve seen multiple people fall victim to: incorrect reporting of cost basis. Cost basis is the adjusted value of the security when you originally ...

You'll often hear Jim Cramer say that we don't want to violate our cost basis when adding to one of our Club positions. What does that mean exactly? Here's a closer look at our cost-basis rule, why we ...

Knowing the Cost Basis is a crucial aspect for anyone finding themselves dealing with investment or dealing with cryptocurrencies. You might either be a beginner who has only recently purchased your ...

What Is the Step-Up in Basis? The step-up in basis is a tax provision that helps beneficiaries lock in the cost basis of assets at the time they inherit them from a benefactor. Many assets such as ...