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Average Basis

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Average Basis
A method of figuring basis that can be used only for sales of regulated investment company (including mutual fund) shares. The taxpayer can choose either the single-category or double-category method.


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As a result, the average basis weight of all North American shipments last year was just 46.
is perplexing since it appears that on a weighted average basis it is closer to $2 million per unit.
Annual finance charges, computed on a national average basis, are estimated at $716 this year.
 
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