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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...
ultramarine kitty cat nowag
  01/14/18
just designate LIFO if it's all coming from the same pool ...
swollen fishy center immigrant
  01/14/18
LIFO is ok for 2018?
galvanic state juggernaut
  01/14/18
what do you mean
swollen fishy center immigrant
  01/14/18
under the new tax reform, is LIFO ok for 2018 tax year? just...
galvanic state juggernaut
  01/14/18
i think LIFO was preserved but don't quote me on that
swollen fishy center immigrant
  01/14/18
hmmm, we should ask lawman to look into it
galvanic state juggernaut
  01/14/18
different pools but makes sense ty
ultramarine kitty cat nowag
  01/14/18


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Date: January 14th, 2018 6:58 PM
Author: ultramarine kitty cat nowag

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)



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Date: January 14th, 2018 7:07 PM
Author: swollen fishy center immigrant

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)



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Date: January 14th, 2018 7:07 PM
Author: galvanic state juggernaut

LIFO is ok for 2018?

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



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Date: January 14th, 2018 7:08 PM
Author: swollen fishy center immigrant

what do you mean

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



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Date: January 14th, 2018 7:09 PM
Author: galvanic state juggernaut

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)



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Date: January 14th, 2018 7:12 PM
Author: swollen fishy center immigrant

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)



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Date: January 14th, 2018 7:13 PM
Author: galvanic state juggernaut

hmmm, we should ask lawman to look into it

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



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Date: January 14th, 2018 7:18 PM
Author: ultramarine kitty cat nowag

different pools but makes sense ty

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