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kombucha2
3001 days ago
If I keep reinvesting am i fine as long as I am not taking out profits?
1 comments
carbocation
3001 days ago
Every trade produces a taxable event, so no.
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kombucha2
3001 days ago
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pwinnski
3001 days ago
They are. If you liquidate your position in one stock to buy shares of another stock, that's also a taxable event.
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kombucha2
3001 days ago
Maybe I just wasn't trading enough with stocks to notice. I remembered always closing short potions to initiate long positions and not paying taxes until closing the long. Clearly, I've been confused this whole time.
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