Your cost basis represents the price paid per share of stock. Your cost basis can change, depending on if you’ve received dividends, a stock split occurred, etc. Cost basis is used to calculate realized capital gains when reporting your taxable income on your tax return.
How do I find my cost basis?
To find your cost basis, all you need to do is divide your original investment amount by the number of shares you hold.
Example: You invested $5,000 and own 250 shares. Your cost basis would be $20.
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Please note that this is for informational purposes only and should not be considered tax advice. Public members should consult their tax advisors concerning any applicable tax laws.