Sentences with phrase «share lot id»

Every time shares of a stock, mutual fund or ETF are purchased, that transaction is given a share lot ID, also referred to as a tax lot ID.
If you invest money every month into a specific mutual fund, there will be separate share lot IDs for every purchase.

Not exact matches

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That transaction is given a unique tax lot ID so you and the IRS can track those shares separately from other Ford stock you might buy later.
If, like the Ford example earlier, you only bought 1,000 shares of Ford, there is only one lot ID to choose.
It all depends on your existing capital gain / loss, how a lot ID sale changes that capital gain / loss, the potential for future capital gain / loss on remaining unsold shares, and your tax rate.
So will the number of lot IDs to choose from when you finally start selling shares.
If you buy 100 shares of XYZ fund, those 100 shares are given a unique tax lot ID.
Each time you purchase a stock, that position is given a tax lot id, even if you already own shares of the same stock.
Every time you buy a stock, whether it's one share or 1,000 shares, that stock purchase is given a tax lot ID.
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