There are 3 methods you can use to calculate your capital gain or loss on the sale of mutual fund shares. Before you calculate your gain or loss, though, you need to figure the basis of the shares you sold.
Once you’ve figured your basis, you’re ready to calculate your gain or loss. To decide which method is right for your situation, click a link:
Once you choose a method for a specific fund, you must stick with that method as long as you own shares of that mutual fund. However, you can use different methods for different mutual funds that you own.