Thursday, November 14, 2024 4:10:10 PM
THESE SHARES ARE SOLD LAST.THE LOW COST SHARES WERE SOLD FIRST.THE HIGHER COST ARE SOLD LAST AT HIGHER PRICES THAT WERE BOUGHT.SCHWAB WHEN YOU WANT TO SELL GIVES YOU SPECIFICALLY WHAT SHARES YOU WANT TO SELL.READ BOLD.THAT IS THE ONE I PUT.SO I MAKE THE PROFIT.AND AS THE PRICE GOES UP,THE HIGHER COST SHARES ARE SOLD AT A PROFIT TOO:)))
Cost basis method for this order
Choose the cost basis method for this order. It will be used to calculate the gain or loss for tax purposes for this order.
First in first out (FIFO)
Shares you acquired first are sold first.
*To change the account default go to the Cost Basis Method tab
(Current Account Default*)
Last in first out (LIFO)
Shares you acquired last are sold first.
High Cost
Shares with the highest cost are sold first.
Low Cost
Shares with lowest cost are sold first.
Tax Lot Optimizer™
Lots are selected and sold with the objective of taking losses first (short-term then long-term) and gains last (long-term then short-term) See the order of sales for this method.
Specified lots**
You select which lots will be closed by this order. Note that lots established today are not eligible for assignment. Learn More.
It is your responsibility to choose the cost basis method appropriate to your tax situation. Failure to select the proper cost basis method may cause you to pay more tax than necessary. Schwab does not provide tax advice and encourages you to consult with your tax professional. View Cost Basis Reporting for additional information on cost basis method choices and how Schwab reports adjusted cost basis information to the IRS. (0810-4600)
*Note that your intraday Position Lot Details and Gain/Loss will be calculated using your default cost basis method and will be updated using your Specified Lot instructions the following business day. (0218-7V93)
Cost basis method for this order
Choose the cost basis method for this order. It will be used to calculate the gain or loss for tax purposes for this order.
First in first out (FIFO)
Shares you acquired first are sold first.
*To change the account default go to the Cost Basis Method tab
(Current Account Default*)
Last in first out (LIFO)
Shares you acquired last are sold first.
High Cost
Shares with the highest cost are sold first.
Low Cost
Shares with lowest cost are sold first.
Tax Lot Optimizer™
Lots are selected and sold with the objective of taking losses first (short-term then long-term) and gains last (long-term then short-term) See the order of sales for this method.
Specified lots**
You select which lots will be closed by this order. Note that lots established today are not eligible for assignment. Learn More.
It is your responsibility to choose the cost basis method appropriate to your tax situation. Failure to select the proper cost basis method may cause you to pay more tax than necessary. Schwab does not provide tax advice and encourages you to consult with your tax professional. View Cost Basis Reporting for additional information on cost basis method choices and how Schwab reports adjusted cost basis information to the IRS. (0810-4600)
*Note that your intraday Position Lot Details and Gain/Loss will be calculated using your default cost basis method and will be updated using your Specified Lot instructions the following business day. (0218-7V93)
