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Get your taxes done using TurboTax
@Ankin wrote:
The stocks are not fungible across all platforms.
Trades in Robinhood would be based on the dates of those position for both long and short term gains within Robinhood; whereas trades on Schwab would be based on the dates of those positions for that platform.
That is correct. That's the way it works.
@Ankin wrote:
In crypto things tend to be a little more fungible across wallet addresses for the purpose of tax basis.
I don't know why it would be any different for crypto. It might be "a little more fungible" in your mind, but the same principles apply. Cryptocurrency is treated the same as stock for tax reporting purposes.
‎December 20, 2021
2:40 PM