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wag2639
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Does it count as long term gains if you buy and sell more shares of an existing stock?

I'm a little uncertain on how capital gains tax applies to this scenario, will it be consider long term or short term gain?

  1. I bought 100 shares of XYZ for a few years ago
  2. The stock does does well in October so I sell 50 shares
  3. After a few weeks, the stock prices drops and I buy another 50 shares

Does this count as a long term gain because I'm only selling stocks I bought a while ago?


What if I buy more stocks before a sell some?

  1. I bought 100 shares of XYZ for a few years ago
  2. The stock price drops so I buy 50 more shares
  3. The price goes up and I decide to sell 100 shares

If I sell no more than my original number of shares, does it still count as a long term gain?

wag2639
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