The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Cap Gain of $0.10||Date: 2/18/2013 2:21 PM|
|Author: ptheland||Number: 117822 of 125706|
Let me repeat vkg's question slightly differently.
Is the gain 10 cents? Or is the gross proceeds 10 cents?
There's a big difference between:
1. a transaction with gross proceeds of $20,000.10 and a cost of $20,000.00 and
2. a transaction with gross proceeds of $0.10.
One can be ignored as a rounding error and one almost certainly needs to be reported.
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