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How is it known what shares I’m selling for tax purposes?
How is it known what shares I'm selling for tax purposes? If I'm buying stock in company X in a taxable account: Let's say I buy 10 shares now and 10 shares 1 year from now. 6 months later I sell 10 shares will these gains be taxed as long term or short term gains? Additionally, using the same scenario as above, if first purchase date was at $100/share and second purchase date was at $120/share, but wh...
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