The base price of an asset or security that reflects any deductions taken on or improvements to the asset or security, used to compute the gain or loss when sold.
Related information about adjusted basis:
- Adjusted basis - Wikipedia, the free encyclopedia
In tax accounting, adjusted basis is the net cost of an asset after adjusting for various tax-related items. Adjusted Basis or Adjusted Tax Basis refers to the original ...
- Adjusted Basis Definition - Tax Terms A-Z - About.com
Adjusted basis is calculated by beginning with an asset's original cost basis, and then making adjustments. Adjusted basis is calculated as follows: Cost Basis; + ...
- Adjusted Basis Definition | Investopedia
The proportionate value of an asset or security that reflects any deductions taken on, or capital improvements to the asset or security.
- Publication 551 (07/2011), Basis of Assets
If you get stocks or bonds other than by purchase, your basis is usually determined by the fair market value (FMV) or the previous owner's adjusted basis of the ...
- Adjusted basis - Legal Dictionary - The Free Dictionary
adjusted basis n. in accounting, the original cost of an asset adjusted for costs of improvements, depreciation, damage and other events which may have ...
- Adjusted Basis Calculator - Real Estate Investment Equations ...
Real estate investment calculator solving for adjusted basis given original basis, capital additions, sales cost, cumulative real estate depreciation and cumulative ...
- Federal Income Tax - What is adjusted basis?
What is adjusted basis? “Basis” in property is generally understood as your investment in a piece of property. For example, if you purchased an antique for $500, ...
- adjusted basis | LII / Legal Information Institute
An owner's original tax basis in an asset, adjusted for various events during the period of ownership. The costs of capital improvements are added to the original ...