Chapter 8 - investment accounts
Mike or Penny Novack
stepbystepfarm at mtdata.com
Sun Apr 27 07:01:00 EDT 2014
>This is the same with the other two points, is there an easier way to do
>things i.e calculate capital gain/loss? or is this the correct method.
>
>
>Cheers,
>
>David
>
>
Just a note, keeping in mind that I am NOT a qualified tax advisor.
But trading in stocks, isn't it more complicated determining if the gain
(or loss) is a CAPITAL gain (or loss) versus a TRADING gain (or loss)?
Doesn't how long held make a difference? Or in any case, isn't this
something that would depend on the rules for your jurisdiction?
Michael
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