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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.
The total sale amount is $1,500 (50 shares x $30). The capital gain on this transaction is how much you sold it for minus the cost basis: $1,500 – $1,000 = $500. ... To calculate the cost basis ...
Illinois City is an unincorporated community in the U.S. state of Illinois, across the Mississippi River from Muscatine, Iowa. [2] It straddles Buffalo Prairie Township and Drury Township in Rock Island County, Illinois. [3] As of 2014, a United States Post Office, ZIP Code 61259, [4] remains open at 23828 124th Avenue West.
This is an accepted version of this page This is the latest accepted revision, reviewed on 25 January 2025. "Cities in Illinois" redirects here. For unincorporated communities, see List of unincorporated communities in Illinois. For CDPs, see List of census-designated places in Illinois. Map of the United States with Illinois highlighted Illinois is a state located in the Midwestern United ...
The George P. Wild House is a large two-story Italianate home constructed in 1869 by George P. Wild, a successful Sycamore dry goods dealer, when he commissioned a Chicago architect, either John W. Ackerman or George Ackerman, [13] to build the two-story house for $4,000. The final cost of construction was $4,500 and the bill outraged Wild. [14]
Fulton is a city in Whiteside County, Illinois, United States. The population was 3,481 at the 2010 census, down from 3,881 in 2000. ... In the city, the population ...
Brownstown, Illinois Brownstown is a village in Fayette County , Illinois , United States . The population was 690 at the 2020 census, [ 3 ] down from 759 at the 2010 census .
As of the census [7] of 2000, there were 613 people, 245 households, and 160 families residing in the city. The population density was 553.6 inhabitants per square mile (213.7/km 2 ). There were 274 housing units at an average density of 247.5 per square mile (95.6/km 2 ).