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Solved

overall capital gain calculation for stock trading at year end

1 reply
33 views

To keep it simple, let's say I sold 3 different stocks in 2023:

stock A was sold with a long term gain of $1000.

stock B was sold with a long lose of $1000.

stock C was sold with a short term gain of $1000.

Do I have a short term capital gain of $1000 for the year of 2023?

ThomasM125Answer

Alumni - Intuit

Yes, you are correct, short term capital gain since the long term transactions cancel each other out.

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ThomasM125Answer

Alumni - Intuit

Yes, you are correct, short term capital gain since the long term transactions cancel each other out.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"