A new question......about starting stock and closing stock. If I start the FY with 500k in holdings, trade some and hold some for the divs/ or growth and the portfolio grows by 180k, so the closing stock that is held at end of FY is 680k.......Do I have to include the unrealised gains in the FY just finished? i.e. 180k plus profits/losses from trading many other stocks through the year? What if 1 stock is a huge winner and goes up 12,000% in a year but I do not want to sell it as it has a huge future? Is that unrealised gain income? Seems not to my way of thinking.
- Forums
- ASX - General
- Tax and trading
A new question......about starting stock and closing stock. If I...
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)