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? For example:Buy 100 GE @ $30 Jan 2007BUY 100 GE @ $35 Mar 2007Sell 100 GE @ $34 Dec 2007Sell 100 GE @ $36 Feb 2008It can be seen as Shortterm gain of $4 x 100 = $400 (Jan - Dec)shortterm gain of $1 x 100 = $100 (Mar - Feb)or alsoShort term loss of $1 x 100 = - $100 (Mar - Dec)Longter gain of $6 x 100 = $600 (Jan - Feb08)=> Essentially same gains but taxwise scenario 2 is advantageous. How do you determine this?thanks.ibarz
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra