The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Stock sales cost basis||Date: 4/16/2008 5:16 PM|
|Author: TMFPMarti||Number: 100443 of 121219|
If I have several transaction of the same security, do I get the option to determine which ones are sold and bought at certain times?
This is Amurrica. Of course you do. Before You Sell.
This is called "specific identification." You can read about it in the FAQ's over there on the right ->.
If you don't make a specific identification of what you're selling before you sell it, you sold your oldest holding in that account.
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