Cryptocurrencies can be a great investment, but it’s important to understand the tax implications of buying and selling them. One important factor in calculating your taxes is your cost basis. Cost basis is the price you paid for a cryptocurrency, plus any costs associated with acquiring it. This includes fees paid to exchanges and other […]
What Does Cost Basis Mean In Stocks
When you purchase stock, you pay a certain amount for it. That amount is your cost basis. The cost basis is the amount you paid for the stock, plus any commissions or fees you paid. It doesn’t include any dividends you may have received. The cost basis is important because it’s used to determine your […]
Read Time:
22 Min
0
0