I apologise in advance if this question sounds way too dumb. To be honest this is the first tax return I've done that involves capital gain.
To simplify, assuming the share transactions I've had during the year are as below:
Bought $1000 worth of share A and later sold for $2000
Bought $1000 worth of share B and didnt sell them
Is my capital gain a).$2000-$1000=$1000(share A)? or b). $1000(profit from A)-$1000 worth of share B=0???
Your help would be greatly appreciated!!!!