For arguments sake, let’s assume the same company’s stock.
My questions are:
If you’ve got a long term portfolio that you’ve had for several years and you begin adding more shares within the same year you decide to liquidate your portfolio, in terms of capital gains taxes, what happens when you sell? Are your capital gains taxes still considered long term? Are you charged short term gains taxes on the few you recently added? What happens if you only added 100 shares recently, and you sell your whole portfolio of that stock except for 100 shares? Is there an “average age” that is taken into account for your entire holdings of said stock?
Was just curious how capital gains are decided when most people build portfolios for retirement up until they retire
[link] [comments] https://www.reddit.com/r/stocks/comments/12zkrjd/question_on_long_term_shares/
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