Let's say that I bought a stock in August 2018 and sell it in February 2019 for a profit, do I have to pay capital gain taxes for this stock when I file my taxes in 2019?
The reason I asked is because if I understand correctly, the capital gain taxes that I will pay in 2019 tax season will only reflect profits realized in 2018. So since I did not sell the stock until year 2019, I did not realize my profits until 2019, and I won't have to pay capital gain taxes for that until year 2020.
Am I correct?
p.s. Assume that the stock I mentioned above is not in a retirement account and the stock has no dividend.