I sold a few shares of my Met Life stock to dispose of them completely. Is this a Long term or a short term transaction.?It was reported to the IRS

Forum|Forum|1 year ago
February 3, 2025
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MinhT1

It depends on the time you have held those shares before you dispose of them.

If you have held then them for more than a year, then the capital gain/loss is long term.

I you have held them for a year or less, it is short-term.

Please read this IRS article for more information.

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Mike9241

the broker will send you a 1099-B and indicate if they are short-term- held one year or less or long-term held over a year. if inherited they are automatically long-term use inherited for the date acquired

I sold a few shares of my Met Life stock to dispose of them completely. Is this a Long term or a short term transaction.?It was reported to the IRS

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