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New Member
posted Mar 9, 2022 11:20:40 AM

When do I have to report a gain from a investment?

Why do I have to report my gain to the IRS, when I didn't withdraw from my account?

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2 Replies
Level 7
Mar 9, 2022 11:23:43 AM

Only when you sell and actually get the money.

Expert Alumni
Mar 9, 2022 11:33:26 AM

It is either a gain or loss the moment it is sold. It doesn't matter if it's immediately reinvested in something else.