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if I have a stock that I waaaaay overpaid at 5. 95 and its now and has been 3. 25 for ever if I only do it one time can I sell my 200 stocks count it as a loss and instantly rebuy them.. I mean the money is gone BUT I still have my 200 shares?
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honestly I can't remember my second question completely but here is the jist
if I make less then 30k a year from my day job and my total investment is 8k in like 20 stocks and 2 crypto I buy and sell always for a profit like anywhere between 5 and 100$ does capital gains tax apply... so far since doing this I have made around 500$ and only lost once it was like 3$ from tilray (I know I could have held on to it but didn't )
I hope that made some sense and you can answer both or 1 or none
peace
Submitted June 01, 2021 at 08:09PM by yolandis_cervix https://ift.tt/3wQzgpq