2017-11-21

 

Senate tax bill ends this stock sale strategy

  • Today, investors who want to sell a certain stock can pick from any of the tax lots they own.
  • A proposal in the Senate tax bill would require investors to sell the shares they have owned for the longest amount of time first.
  • If approved, the change would mean investors would pay an estimated $2.7 billion more in taxes over the next 10 years.

CNBC

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