Tagged Questions
0
votes
1answer
184 views
Does the cost basis increase by reinvestment of investment income in Roth IRA?
In regular brokerage account, the cost basis increases by reinvestment of investment income.
I guess it is the same case in Roth IRA? I am not sure, because I don't know if there is some rule that ...
5
votes
6answers
407 views
What are the negative implications of the 2011 cost basis reporting law?
The United States has a new law requiring brokerages to report the cost basis of sales on IRS Form 1099-B. For stocks purchased after January 1, 2011, financial services firms will have to report the ...
5
votes
2answers
156 views
What are the tax liabilities or impact for selling gold?
What are the tax liabilities for selling gold? For example, suppose I bought an ounce of gold in 2005 at $500 and I sold it yesterday for $1,500. What kind of taxes are due on this (in the United ...
4
votes
2answers
233 views
When transferring shares to an adult from a irrevocable trust, what is the cost basis of those shares?
My grandparents set up an irrevocable trust account that has a few stocks in it. Now those shares are being transferred to me from the trust.
Since those shares have value at some point, Uncle Sam ...
5
votes
2answers
3k views
How should I report my RSUs in my tax return
I had some RSUs where some amount (call it V) vested. Then tax was taken and a smaller amount (call it R) were released, which I sold.
I'm using E*Trade, and HR Block have imported my 1099-B form.
...
