I recently sold a portion of shares of a company that I have been adding to for a few years.
For example, 100 lots of ABC shares in 2009, 200 lots in 2010, 200 in 2011.
If I sold 200 shares, do I declare the tax based on the purchase date? Or can I pick whichever year would be beneficial for me?
For example, the 2009 ones are at a profit, but the 2011 ones are at a loss, so would be better to declare the losses first. Or does it have to be based on which ones I bought first, so 100 in 2009, and 100 from 2010?
I hope I am clear enough