Timeline for Can capital gains from shorting a stock ever be taxed as "long term?"
Current License: CC BY-SA 4.0
4 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Sep 5, 2019 at 19:18 | comment | added | xyious | That whole website also makes no sense to me at all. One of the examples is buying 100 shares, then shorting 100 shares, then buying to close the short position while still holding the long position.... And somehow that's supposed to be different than selling the 100 shares and then buying them again. And it doesn't consider interest on the margin account of the short sale. | |
| Sep 5, 2019 at 19:11 | comment | added | xyious | You don't have an open position when you buy back the shares. You buy to close the position. How are you taxed on shares you don't have ? | |
| Sep 4, 2019 at 23:23 | comment | added | Ian Fellows | You are right that I am a novice in this area. Your answer does not comport with my google searches (e.g. thismatter.com/money/tax/short-sales-taxation.htm), which say that the capital gains holding period is NOT started when you open the short position, rather it is started when you buy the shares used to replace the borrowed shares. | |
| Sep 4, 2019 at 15:13 | history | answered | xyious | CC BY-SA 4.0 |