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In general, the purchase price of your shares.
the original investment in a non-qualified annuity, prior to any transfers of the account; the cost basis is used to determine the tax excludable portion. eath Benefit: the amount paid to beneficiary upon annuitant's death.
The cost of an asset, used in calculating capital gains or losses for income tax purposes. The cost basis includes the original purchase price plus any commissions or other fees that can be deducted.
The total adjusted cost of purchasing a life or annuity certificate. The cost basis is compared to the value of the certificate at termination to determine if there is a taxable gain.
The price paid for an investment upon purchase. The basis includes any commission or fees paid in the trade.
The cost of an investment, used as the basis for calculating and reporting capital gains or losses. It is adjusted for stock splits, distributions, and return of capital.
in most cases, the original cost of property or securities to the taxpayer.
The basis of an asset equal to the amount paid for the asset plus other acquisition costs (as a brokerage fee).
The actual cost to the investor of purchasing a security, accounting for commissions, fees and the price paid.
What you originally paid for something. The term is often shortened to "basis."
The amount of principal paid into the annuity contract less any withdrawals.
Generally the original price paid for an investment, used to determine capital gain or loss on sales of investments such as fund shares or securities the fund owns. Generally, front-end loads are part of cost basis as it is included in the price you paid for such shares. See also contingent deferred sales charge and average cost basis.
Referring to annuities, it was the past ability to pass on all assets at death income tax free to the listed beneficiaries. p 88
The purchase price of an asset including any sales tax paid by the purchaser and any incidental costs related to getting the asset in place and into use.
The original cost of property plus improvements and other expenses paid by the owner during the period of ownership.
Purchase price, including commissions and expenses, used to determine capital gains or losses for tax purposes. More cost basis information
The value assigned to an asset, generally it's purchase price plus the amount of subsequent deposits, that is used to determine a capital gain or capital loss for tax purposes.
An investor's purchase price of an asset for tax purposes, adjusted for stock splits, distributions and return of capital distributions. The appraised value of an inherited asset as of the date of death of the person who bequeathed it.
The original price paid for an investment which is also known as the basis or tax basis. The cost basis includes any commissions or fees paid when the investment was purchased.
Original price of an asset, used in determining capital gains. It usually is the purchase price, but in the case of an inheritance it is the appraised value of the asset at the time of the donor's death.
Original purchase price or appraised value of an asset used in determining capital gains.
The price paid for your mutual fund shares, plus any reinvested dividends or capital gain distributions. The cost basis is subtracted from the sales price to determine capital gain or loss when you sell your shares.
The aggregate amount an owner pays to acquire an asset plus all capital improvement, if any, less capital losses and depreciation taken.
The original price or cost of an asset usually based on the purchase price, or on the market value at the owner's date of death. Note: bases are the plural of basis.
for tax purposes, the original price paid for a security, including commission s or mark-ups.
A contract owner's initial investment in an annuity of after tax money, plus any additional funds invested in the same annuity at a later date. This applies to non-qualified annuities only.
Generally the original cost of an asset, including transaction fees paid at the purchase and any reinvested dividends or capital gain distributions. For tax purposes, the cost basis is subtracted from the sales proceeds to determine any capital gain or loss. Special IRS rules apply for gifts and bequests.
Accounting figure that includes original cost of property plus certain expenses to purchase, money spent on permanent improvements and other costs, minus any depreciation claimed on tax returns over the years.
An amount attributed to an asset for income tax purposes; used to determine gain or loss on sale or transfer; used to determine the value of a gift
The amount of money that an individual or corporate entity has invested in the shares of a company, fund or other security.
The amount you pay for your mutual fund shares including commissions and any reinvested dividends or capital gain distributions, less any nontaxable distributions or returns of capital. When you redeem shares, you subtract the cost basis of your shares from the redemption amount to determine any capital gains or losses.
The original cost of an asset, which is usually the price you paid for it. When you sell securities, you need to determine the original cost so you can calculate any capital gain or loss.
The original price or cost of an asset usually based on the purchase price or, in the case of assets received from an estate, or the appraised value of the assets at the death of the donor or some anniversary or other fixed date.
The basis of property you buy is usually its cost. The cost is the amount you pay in cash, debt obligations, other property, or services. Your cost also includes amounts you pay for sales tax, freight, installation and testing, excise taxes, legal and accounting fees (when they must be capitalized), revenue stamps, recording fees, and real estate taxes (if assumed for the seller). In addition, the basis of real estate and business assets may include other items.
The original value of an asset, such as stock, before its appreciation or depreciation.
This is the measure of the price at which you own a stock or option (such as a leap). When you purchase a stock, your cost basis is the price you paid plus any commissions. The cost basis can be reduced by ‘averaging down,’ i.e., buying more shares when the price is lower. We often lower the cost basis of the stocks we own by writing (selling) calls on the stock in such a way that we can keep the stock and the amount we are paid for the call.
Generally referred to as the original purchase price of a property. Usually consisting of the cost of the property and nondeductible buying expenses.
The original price paid for an investment (including commissions).
The purchase price of an investment, used to calculate capital gains when the investment is sold.
The cost of the property at its time of acquisition, or value when inherited, plus the cost of certain permanent capital improvements. The cost basis is deducted from the sale price to determine capital gain. Note that with bargain sales or donations of restrictions, the cost basis must be allocated between the different portions of the transaction for tax purposes.
An amount attributed to an asset for income tax purposes; used to determine gain or loss on a life insurance contract to determine the value of a gift.
a. Basis. b. The cost element of basis in a capital asset that naturally increases in volume or size over time. Timber is an example of this type of asset. Also see “Basis,” “Capital asset,” and “Volume basis.
The original price of an investment adjusted for dividends. The cost basis is used to determine tax liability due to capital gains and losses.
Cost basis is used to determine capital gains and losses. Generally, cost basis is the original price of a security, including commissions and applicable fees. There are special rules for determining basis in some situations (i.e., property received by gift or bequest, as compensation or in a tax-free exchange). (See your tax advisor for more information)
the initial cost of an investment, used by the IRS to determine tax liability
The original cost of an investment, used to determine capital gains and losses for tax purposes.
The original price of an asset, plus any additions and reinvested earnings, that is used to determine capital gains or losses at the time of sale of the asset. In the case of an inheritance, the cost basis is the appraised value of the asset at the time of the donor's death.
The original price of an asset, used in determining capital gains. It usually refers to the purchase price of a stock, bond or other security.
The cost used to determine a capital gain or loss on an investment.
the original cost of an investment. For tax purposes, the cost basis is subtracted from the net sales price to determine capital gain/loss.
The amount of an award (the total award or a portion thereof) which is used to calculate F&A. The basis can be the Modified Total Direct Costs (MTDC) or Total Direct Costs (TDC).
A cost basis of real property is usually based on the purchase price of the property plus the buyer's capitalized closing costs. (See closing costs)
With regard to income taxes or computing capital gain; it is the price a buyer actually paid for a property.
An amount of money that has already been taxed, used in taxation of investment money.
For tax purposes, the cost of an asset (including commissions and other fees) used to determine the gain or loss.
In insurance, the price paid for an insurance or annuity contract. (1) For an insurance contract, the sum of the net premiums paid, plus accumulated dividends, minus certain specified costs. (2) For an annuity contract, the portion of the annuity's accumulated value on which income tax has already been paid.
The acquisition cost of fund shares, including any sales charges, reinvested dividends, and distributions used to purchase additional fund shares. Your cost basis may be affected by wash sales, if any.
The initial premium(s) paid to a nonqualified annuity is known as the cost basis. Since it was previously taxed, the cost basis will not be taxed upon withdrawal. If a previous distribution was not fully taxable, the cost basis would be reduced by the amount that was not taxable.
The cost of the asset that is used to determine the gain or loss made on it.
Cost basis, or basis as used in United States tax law, is the original cost of property adjusted for factors such as depreciation. When property is sold, the difference between the sale price and basis is the income or loss reported at that time on U.S. tax returns. Basis is most commonly used in the computation of capital gains.