End of year taxable income calculation, page-11

  1. 18 Posts.
    lightbulb Created with Sketch. 1
    yes i sold them for higher price and then bought them back at lower price
    But when i first started to buy them price was low and then when it was going up i was still buying.
    thats why i dont understand how could i be taxed for $20 000 when i didnt make that profit at all , Only about $7000
 
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