Business, 31.07.2019 23:20 bedsaul12345

Suppose you buy 100 shares of a stock at $12 per share, then another 100 at $10 per share, then you sell 150 shares at $15. you have to pay taxes on the gain, but exactly what is the gain? in the united states, the fifo rule holds: you first sell all shares of the first batch for a profit of $300, then 50 of the shares from the second batch, for a profit of $250, yielding a total profit of $550.

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Suppose you buy 100 shares of a stock at $12 per share, then another 100 at $10 per share, then you...