02-21-2008, 01:15 AM
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 Re: Capital Gains method ? In microsoft.public.money, Apothecon wrote: - quote - > How does Money calculate these gains ? FIFO,average or actual ? and how can
In the US, for mutual funds, there are three methods permitted. You> it be changed ? Thanks Alan can select the method you want to use in the investment Details for each fund. Default in Money is Average double category (averaging long and short term separately). The IRS lets you choose, but you have to stick with averaging once you start. See http://www.irs.gov/faqs/faq-kw123.html For stocks in the US you always use specific identification. The first-acquired (FIFO) shares is the default. |
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02-21-2008, 12:51 AM
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| Capital Gains method ? How does Money calculate these gains ? FIFO,average or actual ? and how can it be changed ? Thanks Alan |
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| capital, gains, method |
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