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Level 2
posted Mar 6, 2025 6:47:47 AM

Which method should I use to calculate the cost basis for a partial redemption of mutual funds?

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1 Best answer
Expert Alumni
Mar 6, 2025 7:12:02 AM

You should use the first in-first out method.  You could also use the percentage method if you do not have all the information.  

1 Replies
Expert Alumni
Mar 6, 2025 7:12:02 AM

You should use the first in-first out method.  You could also use the percentage method if you do not have all the information.