InvestorsHub Logo
Followers 139
Posts 15181
Boards Moderated 6
Alias Born 01/29/2002

Re: SFSecurity post# 38639

Sunday, 11/23/2014 10:27:32 AM

Sunday, November 23, 2014 10:27:32 AM

Post# of 47075
Hi Allen, Re: Tax calculations.........................

Well, Yes to #1. No need to take into account LIFO or FIFO in a tax differed account like an IRA.

To #2, it is a choice of LIFO, FIFO or Average Cost. The only tenant of which I know is that you have to be consistent after getting started.

I'll let someone who knows more about such things answer with certainty.


Best regards,

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.