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Home invest in investing living frugal what to invest in How does short/long term capital gains tax work on a stock that you buy multiple times over multiple years?

How does short/long term capital gains tax work on a stock that you buy multiple times over multiple years?

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Let's say I bought 10 shares of AAPL in 2016 and this year I bought 10 more shares. To free up some money, I sell 10 shares of AAPL. Would I be charged long term capital gains tax or short term capital gains tax? Could I selectively sell the shares that I bought last year to avoid short term capital gains tax?



Submitted May 07, 2017 at 10:50PM by johnny5yu http://ift.tt/2ppd1EH
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