![]() Depends on your country laws, but here 1 year or less held is short term gain taxable at an individual's marginal tax rate. When you sell your receipt minus fees, minus book value of stock is your capital gain. QB is not designed to be a market tracker. Never adjust value (basis) due to market fluctuations. ![]() If your business buys and sells then you have purchased an asset to hold. ![]() Stocks and mutual fund investments are assets.
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