Reply To: Reporting Capital Gains for Shares sold Consiting of Multiple Lots

Home Fairmark Forum Taxation of Investments Reporting Capital Gains for Shares sold Consiting of Multiple Lots Reply To: Reporting Capital Gains for Shares sold Consiting of Multiple Lots

#6626
Lewis-H
Participant

When you decide to sell a portion of your holdings in a stock, you have to decide which shares you actually want to sell. Two of the most common methods used in this decision are known as FIFO and LIFO, and the choice you make can have a big impact on your taxes.