Fortunately, calculating your cost basis is much simpler than this. Photo: Bryan Alexander, Flickr If you want to calculate how much you've gained or lost on an investment, you'll need to know your ...

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.

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Already the only service enabling users to "turn back the clock" to ...

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 ...

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 ...

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 ...

View post: Walmart is selling a $190 kitchen island storage cart for $90 that's perfect for smaller spaces An investor’s cost basis is the amount they paid for an asset when they purchased it, ...

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 ...

Rental value depreciation is the reduction in the value of rental property over time, most often due to wear and tear. The IRS has determined that a building's value deteriorates over the course of 27 ...

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 ...

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.