Sun. Dec 22nd, 2024

5 Ways to Calculate Your Cost Basis for Taxes

This tax season, investors need to know their cost basis for capital gains tax calculations. AOL Finance shares five methods to determine cost basis: using the first-in, first-out (FIFO) method, the average cost method, the specific identification method, the highest in, first out (LIFO) method, and the weighted average method.

By admin

Related Post