Say I have 500 shares in company XYZ. 250 were purchased on 5/1/2012 and 250 were purchased on 9/1/2012. Is it possible to sell only the stocks that were held for 1 year (5/1/2012)? Avoiding the higher capital gains tax on stocks held for less than 1 year? Assume you are speaking to an idiot in regards to finance.
Edit: In the US.