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What cost basis should I use to figure out capital gain for stock which was a gift?
If the fair market value (FMV) of the stock was greater than the donor's adjusted basis at the time of the gift, your basis is the donor's adjusted basis plus any gift taxes paid at the time of the gift. http://www.irs.gov/faqs/faq-kw77.html
What are the cost drivers which are used in apportioning overheads cost under activity based budgeting?
Cost drivers are activities due to which cost incurred for expample as many time as machines are setup for production as many time machine setup cost will be incurred so matchine setup is cost driver.
What is the basis of property contributed to a partnership?
The basis is whatever money and tangible property you invested into the partnership. Time worked does not count as a basis. You have to keep up with the basis in order to calculate the profit or loss when the partnership is sold or divided. The basis does not have to be the selling price but is only used for tax calculations. Often a business has built up what the IRS terms Goodwill. This is their reputation, location, value of client list, etc.
What is the difference between historical cost and replacement cost?
I believe historical cost is the original cost @ time of buying. Replacement cost is the price it would cost you @ present day values
What is historical cost?
Historical cost is the cost of an item when it was originally acquired. Historical cost does not reflect the change of value over time that an asset undergoes.
What is the cost basis of lsi at the time of spin off?
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What is the cost basis for the Altria spin off of Philip Morris International?
The cost basis for the Altria spin-off of Philip Morris International would be the amount paid for the shares of Altria prior to the spin-off. If the shares were acquired before the spin-off, the cost basis would include any transaction fees or brokerage commissions paid at the time of purchase. It's important to consult with a tax advisor for specific guidance regarding cost basis calculations.
Did the cost of beryllium change over time?
Like everything else, it goes up and down on a daily basis.
How do you figure the Cost Basis of a mutual fund that has dividends reinvested and has many check redemptions for 30 years?
Every check redemption would have required the calculation of cost basis, so the problem can't be very difficult. Start from the last time the basis was calculated and add all of the interim investments.
What cost basis should I use to figure out capital gain for stock which was a gift?
If the fair market value (FMV) of the stock was greater than the donor's adjusted basis at the time of the gift, your basis is the donor's adjusted basis plus any gift taxes paid at the time of the gift. http://www.irs.gov/faqs/faq-kw77.html
What would be appropriate measures of cost to use as a basis for comparing the two sorting algorithms?
Time complexity and space complexity.
When did Answers Corp acquire FaqFarm?
Answers Corp. acquired WikiAnswers (named FAQFarm at the time) on November 2, 2006.
Does the Hermione time turner spin?
Hermione's Time-Turner does spin. The spinning motion is how Hermione turns back the clock.
What cost basis of stock acquired by transfer on death when it is sold?
The cost basis of stock acquired by transfer on death (TOD) when it is sold is typically the fair market value of the stock on the date of the original owner's death. This is known as a "stepped-up" cost basis. This means that any potential capital gains or losses upon the sale of the stock will be calculated based on the value at the time of the original owner's death, rather than their original purchase price.
How would you Used spin in a sentence?
The circus juggler can spin eight plates at a time.
Inherited stocks some cost basis are known because of recent trades others no way of knowing Would ALL the stocks get the stepped up basis at time of death or only ones with no recent history?
I believe all stocks get the step up in basis.
What would the cost be for one child in MN to enter a daycare center on a day to day basis?
The average cost of day care nationally is about $1,000 per month for full time care.
