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February 17, 2020
Question

What should I enter for Cost or Adjusted Basis box in my stoke information?

  • February 17, 2020
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February 17, 2020

Enter the adjusted basis of the stock. Basically, the cost basis of an asset or security is the total amount invested in it, plus any commissions involved in the purchase. 

 

For example, let's say that you bought 100 shares of a stock for $5,000.  There was a broker's commission of $500.  Your basis for the entire 100 shares is $5,500, or $55 per share