Q: I am a relatively new investor and want to understand how the tax loss function works. I have a few questions.
What is the standard taxation rate for capital gains?
How is the tax loss calculated? Is it based on the average cost of purchases or the last purchase or some other formula
I am assuming that you can buy back any stock that you have sold for a tax loss after 30 days. Am I right?
I look forward to your answers
What is the standard taxation rate for capital gains?
How is the tax loss calculated? Is it based on the average cost of purchases or the last purchase or some other formula
I am assuming that you can buy back any stock that you have sold for a tax loss after 30 days. Am I right?
I look forward to your answers