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Say I purchased 10 shares at $1 each and another day 20 at $2 of the same company. I later sell just 21 at $3. Is my capital gain ($3-$2)x20 + ($3-$1)x1 ?
Capital gains on partial sales of shares
- Thread starter Tradestation
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Short answer!
You can make up the 21 shares in any of 10 different ways!
It's up to you.
There are many threads here on ASF, regarding Capital Gains.
Here is a thread on CGT which pretty much
shows how sure I was about CGT and still got it absolutely wrong!
Thread on CGT here:
Best you consult the Taxman by website, phone or office. Or even snail mail?!
You can make up the 21 shares in any of 10 different ways!
It's up to you.
There are many threads here on ASF, regarding Capital Gains.
Here is a thread on CGT which pretty much
shows how sure I was about CGT and still got it absolutely wrong!
Thread on CGT here:
Best you consult the Taxman by website, phone or office. Or even snail mail?!
