Question. I have Q06. We sold some shares (twice) of my son's college fund (UTMA) to pay for school.
Assuming we chose the first in-first out accounting method, how do we determine the capital gains from the sale?
222 15772 body Question. I have Q06. We sold some shares (twice) of my son's college fund (UTMA) to pay for school.Assuming we chose the first in-first out accounting method, how do we determine the capital gains from the sale?