If you sell them at the $2.20 then you pay your taxable rate on the $120K profit.
If you do nothing buy at $1, tax time you still hold, nothing. You still own them.
If you buy at $1 sell at 87c you've lost $13K this goes as a net capital loss against next years capital gains if make any.
Then there is also the length of time you've held the shares....if buy $1 and sell over 12 months later and profit you make is only taxable 50%. ie $120K profit $60 yours tax free and you pay tax on the other $60K
I don't make much profit lol but i think this right. My account does mine.
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Last
97.0¢ |
Change
-0.030(3.00%) |
Mkt cap ! $2.352B |
Open | High | Low | Value | Volume |
$1.03 | $1.03 | 96.5¢ | $13.68M | 13.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 76446 | 96.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
97.5¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 54268 | 0.965 |
16 | 448006 | 0.960 |
10 | 273881 | 0.955 |
34 | 357765 | 0.950 |
7 | 148508 | 0.945 |
Price($) | Vol. | No. |
---|---|---|
0.975 | 50000 | 1 |
0.980 | 30256 | 2 |
0.985 | 5873 | 2 |
0.990 | 28958 | 4 |
0.995 | 8676 | 3 |
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