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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...
scarlet supple gaping brunch
  01/14/18
just designate LIFO if it's all coming from the same pool ...
Slate Insecure Forum Mediation
  01/14/18
LIFO is ok for 2018?
vigorous box office
  01/14/18
what do you mean
Slate Insecure Forum Mediation
  01/14/18
under the new tax reform, is LIFO ok for 2018 tax year? just...
vigorous box office
  01/14/18
i think LIFO was preserved but don't quote me on that
Slate Insecure Forum Mediation
  01/14/18
hmmm, we should ask lawman to look into it
vigorous box office
  01/14/18
different pools but makes sense ty
scarlet supple gaping brunch
  01/14/18


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Date: January 14th, 2018 6:58 PM
Author: scarlet supple gaping brunch

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

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



Reply

Date: January 14th, 2018 7:07 PM
Author: Slate Insecure Forum Mediation

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

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



Reply

Date: January 14th, 2018 7:07 PM
Author: vigorous box office

LIFO is ok for 2018?

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



Reply

Date: January 14th, 2018 7:08 PM
Author: Slate Insecure Forum Mediation

what do you mean

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



Reply

Date: January 14th, 2018 7:09 PM
Author: vigorous box office

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

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



Reply

Date: January 14th, 2018 7:12 PM
Author: Slate Insecure Forum Mediation

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

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



Reply

Date: January 14th, 2018 7:13 PM
Author: vigorous box office

hmmm, we should ask lawman to look into it

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



Reply

Date: January 14th, 2018 7:18 PM
Author: scarlet supple gaping brunch

different pools but makes sense ty

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