pk
Level 15
Level 15

Other financial discussions

@SLYKTAX  sorry for the confusion.  What I meant is that when you sell the stock(s) you will have to tell the broker which batch you are selling from.   You can also choose how many from each  block  if you want to do that.  Once that is done the  basis of the stocks is frozen.  Thus when you file your return, you recognize the gain/loss  and the holding period, based on what you sold through the broker.

 

Does this make sense ?