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What is long-termbasis?
Long-termbasis refers to a form or document used to report long-term capital gains or losses from investments.
Who is required to file long-termbasis?
Individuals or entities who have realized long-term capital gains or losses from investments are required to file long-termbasis.
How to fill out long-termbasis?
Long-termbasis can be filled out by providing details of each investment transaction that resulted in long-term capital gains or losses.
What is the purpose of long-termbasis?
The purpose of long-termbasis is to accurately report long-term capital gains or losses for tax purposes.
What information must be reported on long-termbasis?
Information such as the date of acquisition, date of sale, purchase price, sale price, and resulting long-term capital gain or loss must be reported on long-termbasis.
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