George
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RE: Capital gain computation worksheet for shares
Hello, I have a related question about the Capital Gains Tax computation working sheet. My situation is simpler - I have 3 buy transactions and 3 sell transactions, all transactions are of shares of the same company. Some transactions are covered under Bed & Breakfast, others are under Section 104. The scenario is: 1st of December 2023 buy 100 shares. 5st of February 2024 buy 200 shares 6th of February 2024 buy 300 shares 1st of March 2024 sold 200 shares 2nd of March 2024 sold 200 shares 3rd of March 2024 sold 200 shares I am confused how to fill in the Date of Disposal & Date Acquisition field in this scenario. I assume I need one computation worksheet for the section 104 holding(the 100 shares acquired on 1st of December 2023 and sold on 1st of March 2024) - please correct me if that is wrong. Then I assume I need two more computation worksheets for the disposals on 2nd of March and 3rd of March - is that definitely true? I am confused what should be the Date of Disposal since 100 of the shares I am selling on 1st of March are covered under Bed & Breakfast and 100 shares are covered under Section 104. How many computation working sheets do you need for the above scenario and what will be the Date of Disposal & Date Acquisition for each sheet ?