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Post# of 199413
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Re: armstjo1 post# 48988

Friday, 11/27/2020 9:35:15 PM

Friday, November 27, 2020 9:35:15 PM

Post# of 199413
This sounds more complex than I understand it to be.

If you sell a stock before 1 year then it is short term gains. Taxed at the same rate as your job typically.

If your sell after 1 year then long term gains are 15% this year. It changes occasionally.

I think all brokerages will send you a 1099 documenting your trades. But I use excel to track each buy/sell/commission.

Just another board
http://investorshub.advfn.com/boards/board.asp?board_id=9248

My posts are just my opinions

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