Forbes Taxes

Cost Basis FAQ

Date: 1/24/2012

Autor: William Baldwin

“If you can narrow the start date to a range, you could give the tax collector the benefit of the doubt and use the low price for the period. A somewhat more aggressive stance is to use the average price for the month or year when you bought something. To get an average for a month or year you can type in a zero for the day or month on the Netbasis screen.”

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