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Re: stormcloud96 post# 56053

Friday, 10/05/2018 7:27:11 PM

Friday, October 05, 2018 7:27:11 PM

Post# of 96920
Doesn't reset. 1 year in Nov on those shares.

If you bought more in March, well, then that year begins in March.

Etc.

I bought a Canadian stock once and had to covert to Canadian dollars, but do not remember if owed Canadian taxes.

Anyway, you are good on your November stock lot purchases.

Best to create a spreadsheet and note when and what bought at what price. (Sells as well).

This way can specify exactly what shares to use for tax purchases.

Just in case in the future you have some on the books from 3+ years ago.

Plus, helps with off-setting any substantial gains/losses with what shares to use and in what year.

I hope this helps, Scruffer

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