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.

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 ...

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 ...

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 ...

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 ...

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 ...