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Get your taxes done using TurboTax
Ah.. I was maybe being too literal.
The "summary cost" or "cost summary" is the total cost basis of ALL the trades that you're entering in summary fashion. This amount is subtracted from the sum of all the sale proceeds to come to a total gain, or loss.
The "summary cost" or "cost summary" is the total cost basis of ALL the trades that you're entering in summary fashion. This amount is subtracted from the sum of all the sale proceeds to come to a total gain, or loss.
‎June 6, 2019
12:48 AM