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When you sell part of your shares in mutual funds, how do most calculate cost basis?
I have never sold a single share in 13 years and now want to sell 1/2 and hold in cash. How do most mutual fund companies report for cost basis…FIFO?
Home | Investing | Blog article: When you sell part of your shares in mutual funds, how do most calculate cost basis?
Blazenskyy.com 7:54 am on November 7, 2010
In general, you look at your brokers statement when you bought your shares in the mutual fund. You can also call the mutual fund or brokerage custodian and they can generally tell you your cost basis. Add in the commission price or any fees if it has one if it’s not a No-load fund.
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