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Question About Liquidating Assets on Taxable Brokerage Account
If I have been dollar cost averaging every month into one single index fund on a taxable brokerage account for the past 1 to 2 years. If I liquidate a portion of those assets, how are the capital gains calculated? Does the IRS automatically assume that I am selling my oldest assets first?
‎October 30, 2024
2:24 PM