Cost Basis Methods: FIFO, Spec ID, and Average Basis Explained
Understand how FIFO, Specific Identification (Spec ID), and Average Basis determine capital gains on stock and ETF sales, plus IRS rules and tax lot strategies.
cost basis
Understand how FIFO, Specific Identification (Spec ID), and Average Basis determine capital gains on stock and ETF sales, plus IRS rules and tax lot strategies.