Cost Basis


C

c.c.

Can someone tell me why I cannot choose the "Actual Cost Basis" method of
calculating cost basis if I use the Canadian settings? Does this have
something to do with the structure of Canadian mutual funds or something?
Furthermore, given that I don't get to choose the method Money uses to
calcuate cost basis, what is the default method used with Canadian settings
and how does it work?

I am looking at my investment account, and I cannot figure out where Money
is getting its numbers if my life depended on it! Thanks.
 
Ad

Advertisements

C

Cal Learner-- MVP

In said:
Can someone tell me why I cannot choose the "Actual Cost Basis" method of
calculating cost basis if I use the Canadian settings? Does this have
something to do with the structure of Canadian mutual funds or something?
Canadian tax law.
Furthermore, given that I don't get to choose the method Money uses to
calcuate cost basis, what is the default method used with Canadian settings
and how does it work?
Average basis across all accounts, as far as I have gleaned.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

Cost Basis 1
USA Cost Basis Of In-Kind Stock Distributions From Inherited IRA 0
cost basis 15
cost basis 2
Cost Basis 1
cost basis 1
cost basis 1
Cost Basis 9

Top