Posted On: 12/10/2014 10:40:03 AM
Post# of 41414
When you do begin to sell off some shares, you will have to consider FIFO or LIFO.
FIFO, if those shares are past 1 year, but LIFO if they are not.
At least at that point, you still have the possibility that the first shares in your portfolio could actually make the 1 year + a day threshold.
A tax savings of 100% (20% instead of 40%) makes a tremendous difference.
FIFO, if those shares are past 1 year, but LIFO if they are not.
At least at that point, you still have the possibility that the first shares in your portfolio could actually make the 1 year + a day threshold.
A tax savings of 100% (20% instead of 40%) makes a tremendous difference.
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