He’d Bought the Same Stock Twice, in 2009 and in 2023. When He Gave His Granddaughter 100 Shares, He Picked the 2009 Lot, and the Gain He’d Carried for Sixteen Years Left His Return With It, Into Her 0% Bracket
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The post He’d Bought the Same Stock Twice, in 2009 and in 2023. When He Gave His Granddaughter 100 Shares, He Picked the 2009 Lot, and the Gain He’d Carried for Sixteen Years Left His Return With It, Into Her 0% Bracket appeared first on 24/7 Wall St..
If you own the same stock in two separate purchases, your brokerage account tracks each one as its own tax lot, with its own cost basis and purchase date. This one detail matters a great deal when you gift appreciated stock to a grandc
If you own the same stock in two separate purchases, your brokerage account tracks each one as its own tax lot, with its own cost basis and purchase date. This one detail matters a great deal when you gift appreciated stock to a grandc
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