Reuters Money

Reuters Money

Investors, do you know your cost basis?

Date: 3/8/11

Author: Amy Feldman

“The default is not necessarily the best option,” says Marisa Diaz, vice president of sales at NetWorth Services, developer of NetBasis, a software for calculating these tax-basis scenarios. “There may be a huge difference between the methods. It may even be a gain by one method, and a loss by another method.”

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