Definition of 'strive'. strive (straÉªv ) Word forms: 3rd person singular present tense strives , present participle striving language note: The past tense is either strove or strived, and the past participle is either striven or strived. If you strive to do something or strive for something, you make a great effort to do it or get it.
Carryover basis, also referred to as a transferred basis, applies to inter vivos gifts and transfers in trust. Generally, a taxpayer's basis in property is the cost to acquire the property. However, there is an exception for inter vivos gifts and transfers in trust.arryover basis, also referred to as a transferred basis, applies to inter vivos gifts and transfers in trust. Generally, a taxpayer's basis in property is the cost to acquire the property. However, there is an exception for inter vivos gifts and transfers in trust.
Wash sale adjustments were reported on a second line immediately underneath the sale to show the adjustment before 2011. Adjusting the Cost Basis By adding the wash sale loss to the cost basis of the replacement shares, the loss is deferred and can be recouped when the replacement shares are sold. The IRS advises, If your loss was disallowed because of the wash sale rules, add the disallowed loss to the cost of the new stock or securities....