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I would like to propose a complication of the "Specific Identification" method of determining which shares are sold; called "Split Lot Specific". As an example:

Buy 500 Dell @ 50
Buy 500 Dell @ 80

Sell 500 Dell @ 65

FIFO gain would be $7500

Specific gains could be either $7500 gain or $7500 loss

Split Lot Specific gain could be:

A sale of 250 shares w/basis of $50 @ $65, and
A sale of 250 shares w/basis of $80 @ $65; therefore
resulting in capital gain of zero.

Holdings going forward would then be:

250 Dell @ $50 & 250 Dell @ $80.

I would like to see/hear what TMFTaxes & TaxService think of this.

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