A record of all transactions and their tax implications involving a particular security in a portfolio. Recording the taxable purchase date provides the holder with the option of specifying exactly which shares to sell at a later date in order to reap tax advantages.
Related information about tax lot:
- Tax Lot Accounting Definition | Investopedia
A record keeping technique that traces the dates of purchase and sale, cost basis , and transaction size for each security in your portfolio, even if you make more ...
- Using Tax Lots: A Way To Minimize Taxes
Dec 15, 2011 ... Sell 800 shares of tax lot #1, long-term gain of $20,000, $3,000 ... On the other hand, if you choose to sell a specific tax lot instead, you can sell ...
- What is tax lot? definition and meaning
Definition of tax lot: A record of all transactions and their tax implications involving a particular security in a portfolio. Recording the taxable purchase date ...
- What is a Tax Lot?
Tax lots are documents that relate to any and all transactions that have to do with the investment portfolio. The tax lot will detail the terms of each transaction that ...
- tax lot - Wiktionary
tax lot (plural tax lots). (accounting, taxation ... In some countries such as the USA , cost basis must be considered on a tax lot-by-tax lot basis. (accounting, real ...
- Tax Lot - Scottrade
A tax lot is a record of an opening transaction (e.g. purchase or short sale) in your portfolio. If an order is filled in multiple pieces, called partial fills, the prices will ...
- Schedule D, Wash Sale - Tax Lot Accounting Solutions for ...
Schedule D, wash sale, cost basis changes, GainsKeeper automates capital gains tax; investment software reduces taxes through tax-smart investing - free trial.
- Tax Lot Accounting Definition & Example | InvestingAnswers
We explain the definition of Tax Lot Accounting, provide a clear example of how it works and explain why it's an important concept in business, finance ...