Capital Gains & Losses

Cost Basis

Cost basis is the value of an asset used to calculate capital gain or loss for tax purposes. For most positions, cost basis is purchase price plus commissions plus disallowed wash sales plus reinvested capital during the time before the sale.

Need Professional Help?

If you need help with "Capital Gains & Losses" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.