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.
If you reinvested dividends in a stock before you sold it, you changed your cost basis. In the example, you originally invested $2,000, but you reinvested $200 in money you received from dividends. Your cost basis rose to $2,200.If you sell the stock for $3,000, you subtract your new cost basis of $2,200, and find that your gain was $800.You only pay tax on the $800, because you get to count the reinvested dividends as part of your cost basis.f you reinvested dividends in a stock before you sold it, you changed your cost basis. In the example, you originally invested $2,000, but you reinvested $200 in money you received from dividends. Your cost basis rose to $2,200.