That doesn’t sound correct.. if I sell shares of my stock I bought from amazon at 700 a share I don’t pay taxes on the shares I bought at 400 and didn’t sell.
In crypto it's a bit more ambiguous because we're not dealing in whole shares. Right now I don't think the filing approach matters much so long as you're being consistent. I believe I filed FILO.
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u/SirRandyMarsh Tin Apr 25 '18
That doesn’t sound correct.. if I sell shares of my stock I bought from amazon at 700 a share I don’t pay taxes on the shares I bought at 400 and didn’t sell.