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Community: Investing Wiki

Term Of The Hour

nondeductible contributions IRA: Original post by W D Adkins of Demand Media When you sell stocks, real estate or other investments, you have to figure out how much of the sale proceeds are taxable as profit. Cost basis, also called tax basis, is a term used for the total amount of money you invested and is used as a steppingstone to figure your taxable profit. However, special tax rules apply to IRAs, and the concept of cost…

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