When.com Web Search

Search results

1. Results From The WOW.Com Content Network

2. What Is Cost Basis and How Is It Calculated? - AOL

   www.aol.com/news/cost-basis-calculated-183726041...

   The cost basis of an asset is important to you for two primary reasons – tax planning and investment planning. These two reasons are related because only with the proper investment planning can ...

3. How do you calculate cost basis on investments? - AOL

   www.aol.com/finance/calculate-cost-basis...

   Methods to calculate cost basis. The cost basis for stocks and mutual funds is generally the price you paid when you purchased the asset, plus any other trading costs. However, there are several ...

4. Cost basis - Wikipedia

   en.wikipedia.org/wiki/Cost_basis

   Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When a property is sold, the taxpayer pays/(saves) taxes on a capital gain /(loss) that equals the amount realized on the sale minus the sold property's basis.

5. Your Taxes: Cost-Basis Basics - AOL

   www.aol.com/news/2014-03-29-your-taxes-cost...

   For stocks or bonds, the cost basis is. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium support please ...

6. Stepped-up basis - Wikipedia

   en.wikipedia.org/wiki/Stepped-up_basis

   A stepped-up basis can be higher than the before-death cost basis, which is the benefactor's purchase price for the asset, adjusted for improvements or losses. Because taxable capital-gain income is the selling price minus the basis, a high stepped-up basis can greatly reduce the beneficiary's taxable capital-gain income if the beneficiary ...

7. Tax basis - Wikipedia

   en.wikipedia.org/wiki/Tax_basis

   The basis of property is generally the property's cost: the amount paid for the property in cash or other property. [2] Holding period refers to the duration of time owned based on the purchase date. [3] Where an asset is purchased, tax basis generally includes cash paid plus liabilities assumed.

8. Do I Pay Taxes Automatically If I Inherit Property? - AOL

   www.aol.com/finance/capital-gains-inherited...

   Sale price ($500,000) - Stepped-up original cost basis ($500,000) = $0.00 taxable capital gains On the other hand say that you hold the house for a year, during which time the price of this house ...

9. Adjusted basis - Wikipedia

   en.wikipedia.org/wiki/Adjusted_basis

   In tax accounting, adjusted basis is the net cost of an asset after adjusting for various tax-related items. [1] Adjusted Basis or Adjusted Tax Basis refers to the original cost or other basis of property, reduced by depreciation deductions and increased by capital expenditures. Example: Muhammad buys a lot for $100,000. He then erects a retail ...