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Post# of 361994
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skydaughter

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skydaughter

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Saturday, 08/22/2009 12:54:46 PM

Saturday, August 22, 2009 12:54:46 PM

Post# of 361994
Hi everyone,

I've got a tax question for you. Someone mentioned in a recent post the 15% tax rate on long term capital gains. I looked it up and it is 1 year from date of purchase to date of sale. My question is - if you have made multiple purchases of the same stock, do you have to prorate the year time frame for each purchase separately?

I know I will have to check with an accountant too, but right now I'm really curious. Thanks much!
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