Question
Youre working with a client who made the following ETF transactions over the last five years: 12/13/2016 - Purchased 150 shares at $17.50/share, with a
Youre working with a client who made the following ETF transactions over the last five years: 12/13/2016 - Purchased 150 shares at $17.50/share, with a $5 trade fee. 03/17/2017 Bought 78 shares at $19.62/share, with a $5 trade fee. 09/25/2018 Purchased 65 shares at $24.32/share, with a $5 trade fee. 12/30/2018 Reinvested dividends: 4 dividends at $27.19 per share, no trade fee. 05/04/2019 Purchased 100 shares at $16.98/share, with a $5 trade fee. 10/15/2020 Sold 200 shares at $31.01/share, with a $5 trade fee.
4. After the 10/15/2020 transaction, what is the total capital gain if you use the FIFO method (round up to the next whole dollar and enter with the $ sign and no decimals)?
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