How do you calculate cost basis?
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Studied at the University of British Columbia, Lives in Vancouver, Canada.
The cost basis of any investment is the original value of an asset adjusted for stock splits, dividends and capital distributions. It is used to calculate the capital gain or loss on an investment for tax purposes.Mar 23, 2018
2023-06-20 09:00:26
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Elijah Price
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The cost basis of any investment is the original value of an asset adjusted for stock splits, dividends and capital distributions. It is used to calculate the capital gain or loss on an investment for tax purposes.Mar 23, 2018