By default my broakrage is setup as FIFO. Can I selectively pick LIFO or a specific lot for sale during the same tax year. I mean during the same year some sales can be FIFO, LIFO and specific lots. Thanks
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you can't change. you should have notified the broker at the time of sale that you wanted to use a specific lot(s)
So, during the stock sale ordering process I can specify LIFO or specific lot. I am not bound by same tax lot method for the whole year ?
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