Special Cases – Mutual Funds
Special rules might apply when figuring the basis. These include situations where you received short-term losses on shares for which you received:
- An exempt-interest (tax-free) dividend
- A capital-gain distribution
If either of these applies to you, see Publication 550: Investment Income and Expenses at www.irs.gov.
What should you know before you calculate the cost basis of stocks for tax purposes? Learn more from the tax experts at H&R Block.
What is a holding period? Learn more about an investment holding period and get tax answers at H&R Block.
Are stock dividends taxable? Learn more about stock dividends and get tax answers at H&R Block.
Do you know how to report taxes on stock option sales? Learn more from the tax experts at H&R Block.