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Reply to "What happens to Kamala’s momentum now the DNC is over?"
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[quote=Anonymous][quote=Anonymous]Taxing unrealized gains and losses is simple. If you asset goes up in value, youre taxed. If it goes down in value you should get a refund.[/quote] So this would be based on your balance on Dec. 31 every year? Is it based on your entire account? What if half of my stocks went up, and half went down? Do I just report the net of the unrealized gains and losses as of Dec. 31?[/quote]
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