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.
But what if you received dividends of $500 during the time you owned the stock and reinvested that money in more stock? Then your cost basis is dramatically different. Your basis is the $1,500 you paid for the stock plus the $500 in dividends you reinvested, or $2000.Now, when you talk about reinvested short-term and long-term gains, you're talking about mutual fund distributions.et's say you paid $1,500 for a stock, including a $50 commission, and you sell it for $2,000, including another $50 commission. In that case, your cost basis is $1,500 plus the $50 commission you paid on the sale.