Cost basis
The original value of an asset for tax purposes, used to calculate capital gains or losses when the asset is sold. Adjustments for dividends, splits, and reinvestments can affect the cost basis.
The original value of an asset for tax purposes, used to calculate capital gains or losses when the asset is sold. Adjustments for dividends, splits, and reinvestments can affect the cost basis.
William Bevins Jr, CFP® CTFA
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