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Index/Topics/Cost Basis Calculation

Cost Basis Calculation

The process of calculating the cost basis of an asset, including what costs are capitalized, amortized, or excluded.

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Jan 23, 2026

How are premiums, storage fees, and refinishing costs treated in cost basis calculations?

starts with what was paid for an asset and is adjusted up or down by specific costs the tax code and tax guidance treat as part of acquisition, improvement or disposition; some premiums and fees are c...

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