rbynaker
Level 13
08-11-2023
09:26 AM
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I've always done it FIFO. I think that's required somewhere but can't put my finger on a cite right now. So start at T-30 days and apply per-share adjustments forward until you either run out of sold shares, run out of acquired shares, or pass T+30. With my Googlers this often leads to a chain of adjustments that may or may not clear out by year-end. Also remember the holding period gets adjusted for washed shares which could turn something that looks like short-term into long-term because of the basis adjustment.
The key to surviving this mess is focus on everything per share.
Rick
Edit: Edited to add T+30 expiration.