To determine the cost basis for your mutual fund shares, you can use

Name: To determine the cost basis for your mutual fund shares, you can use
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

All of the methods listed (Specific Identification Method, First-in, First-out Method, and Average Cost Method) are legitimate strategies for determining the cost basis of mutual fund shares. Each method calculates the cost basis in a different way, allowing investors to choose the most suitable approach based on their investment strategy and tax situation.

To Determine the Cost Basis for Your Mutual Fund Shares