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2

When you sell shares (no options involved): If you plan to use any method besides FIFO, including LIFO, you must specifically direct your broker as to which shares to sell so that your taxes end up the way you want. According to Internal Revenue Service Publication 550, the burden is on you to prove that you informed your broker of which shares you wanted ...


1

There are several considerations here. I'm going to assume that bitcoin brokers report trades to the IRS in the same manner as traditional brokerage firms do. If they do not, the IRS requires that you report all bitcoin transactions. In the U.S., the IRS considers bitcoins as assets, rather than currency so long and short term capital gain holding periods ...


5

Ameritrade is going to report the purchase of 10 shares at $70 and the sale of 10 shares at $80 to the IRS. You cannot designate that the shares sold in your Ameritrade account were from your Robinhood account. If you wanted the cost basis of the sold shares to have been from the $50 basis in your Robinhood account then you should have sold the 10 shares in ...


0

According to a major accounting firm (edit: who I already work with and simply replied to my emails over a holiday season faster than I expected), the buyer of an LP share, or LLC membership interest, inherits the cost basis of the LP assets. Barring section 754 elections which matches the investment cost basis with the investor cost basis.


2

Actually it is taken into account. The capital charge for Year 1 is the 5$ shown under Year 2 (60 * 8.5%), for Year 2 is the 11$ (126 * 8.5%) and so on. Hope this makes sense.


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