Your Question:
"I bought the same stock 3 times, which price do I use?"
Bought Stock Multiple Times: Which Cost Basis for Tax?
FIFO, LIFO, specific identification methods explained.
⚡Quick Answer
- •User bought stock in tranches, confused about cost basis
- •Category: tax | Level: intermediate
- •Applies to: US
Understanding the Problem
User bought stock in tranches, confused about cost basis
The Solution
This scenario requires a numerical calculation based on your specific situation.
The steps above will guide you through the process manually, or use our calculator for instant results.
Step-by-Step:
- Gather your transaction details (purchase date, price, quantity)
- Determine your holding period
- Calculate your cost basis
- Apply the relevant tax rate
- Use our calculator for exact numbers
Example Scenario
Situation: You purchased 100 shares at $100 on January 15, 2024, and sold them at $130 on November 15, 2024.
Analysis: Holding period = 10 months (less than 12 months = short-term)
Result: Gain of $3,000 taxed as ordinary income at your marginal rate.
📊 Calculate Your Numbers
Use our free tools to get precise results for your situation:
