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.

What is cost basis in crypto? In the context of cryptocurrencies, “cost basis” refers to the initial outlay paid for digital assets. It is an important consideration when calculating capital gains or ...

Learn how to report crypto gains and avoid penalties. This guide covers taxable events, cost basis calculations, and tips for reporting crypto taxes correctly.

Accurate cost basis calculation is essential for determining capital gains or losses and ensuring compliance with tax laws. Different countries have unique rules for classifying and calculating the ...

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 ...

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 ...

I may be off with the terminology but here is what I'm trying to do. I have downloaded all of my transactions for my retirement funds for the last few years. For each transaction, I have the number of ...

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 ...

The biggest hurdle that investors face is paying tax on the gains on their long-term investments. Yet the tax laws actually give heirs a huge tax break when they inherit shares of stock or other ...

For the first time in more than five years, the IRS plans to release further cryptocurrency tax guidelines, according to Commissioner Charles P. Rettig. This guidance comes at the urging of tax ...