Short and long term capital gains

Discussion in 'Ask any question!' started by Stock_King_Stuffer, Dec 20, 2021.

  1. Stock_King_Stuffer

    Stock_King_Stuffer New Member

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    Ok, so to qualify for long term capital gains tax rates, you need to own the stock and hold it for more than one year. Does the 1 year date start at your first purchase of the stock and include every subsequent purchase of the stock within that year, or does each block of shares purchased in that timeframe have it's own 1 year timeframe you must hold before selling to avoid paying full income tax rate on those shares?
     

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