Hi all! I have a fair amount of RSUs in Fidelity from my company which I have vested over numerous dates in the past few years. I am not a US citizen. Some of these shares are “long” and some are “short”, but as far as I am aware this does not affect me as a UK citizen and JP tax resident.
I sold \~$15k worth of these shares in February. I did not select which shares to sell, and so come next year during my tax filing I would assume I calculate the gains via the moving average method (I did this this year for ones I sold last year).
However, I have seen that I can sell specific shares and given I made gains this year already, and that losses cannot be carried over, I would like to sell shares which specifically would count as a loss and ‘cancel out’ the gains I made earlier in the year. The shares which would allow me to do this are short holds (they vested in the last month and the stock price has dropped since).
Does Japan recognize this mixture of sale-types in the tax return? If so, how do I file it? If not, what is the correct procedure and what are my options?
Thank you!
by ViralRiver