\
  Where your hard-earned money comes to die. Home.
BackRefresh Options Favorite

gonna use some ETH to buy XLM. use my ETH with higher or lower cost basis?

i don't think it would matter but just checking if there are...
cobalt geriatric gas station
  01/14/18
just designate LIFO if it's all coming from the same pool ...
Insane Idiotic Institution
  01/14/18
LIFO is ok for 2018?
clear bearded depressive trailer park
  01/14/18
what do you mean
Insane Idiotic Institution
  01/14/18
under the new tax reform, is LIFO ok for 2018 tax year? just...
clear bearded depressive trailer park
  01/14/18
i think LIFO was preserved but don't quote me on that
Insane Idiotic Institution
  01/14/18
hmmm, we should ask lawman to look into it
clear bearded depressive trailer park
  01/14/18
different pools but makes sense ty
cobalt geriatric gas station
  01/14/18


Poast new message in this thread



Reply Favorite

Date: January 14th, 2018 6:58 PM
Author: cobalt geriatric gas station

i don't think it would matter but just checking if there are any protips from a cost basis/tax perspective. better to "take minimal gains" on some ETH i bought recently around its current price? no clue about the tax implications

(http://www.autoadmit.com/thread.php?thread_id=3859601&forum_id=7#35156067)



Reply Favorite

Date: January 14th, 2018 7:07 PM
Author: Insane Idiotic Institution

just designate LIFO if it's all coming from the same pool

if from different pools sell the shit that you bought more recently for minimal gain and so that you don't have to wait as long to cop the long-term cap gains rate

(http://www.autoadmit.com/thread.php?thread_id=3859601&forum_id=7#35156128)



Reply Favorite

Date: January 14th, 2018 7:07 PM
Author: clear bearded depressive trailer park

LIFO is ok for 2018?

(http://www.autoadmit.com/thread.php?thread_id=3859601&forum_id=7#35156134)



Reply Favorite

Date: January 14th, 2018 7:08 PM
Author: Insane Idiotic Institution

what do you mean

(http://www.autoadmit.com/thread.php?thread_id=3859601&forum_id=7#35156138)



Reply Favorite

Date: January 14th, 2018 7:09 PM
Author: clear bearded depressive trailer park

under the new tax reform, is LIFO ok for 2018 tax year? just curious

(http://www.autoadmit.com/thread.php?thread_id=3859601&forum_id=7#35156148)



Reply Favorite

Date: January 14th, 2018 7:12 PM
Author: Insane Idiotic Institution

i think LIFO was preserved but don't quote me on that

(http://www.autoadmit.com/thread.php?thread_id=3859601&forum_id=7#35156175)



Reply Favorite

Date: January 14th, 2018 7:13 PM
Author: clear bearded depressive trailer park

hmmm, we should ask lawman to look into it

(http://www.autoadmit.com/thread.php?thread_id=3859601&forum_id=7#35156184)



Reply Favorite

Date: January 14th, 2018 7:18 PM
Author: cobalt geriatric gas station

different pools but makes sense ty

(http://www.autoadmit.com/thread.php?thread_id=3859601&forum_id=7#35156242)