You can use average cost. But if you're only selling some of your lots, because you bought some two years ago at a much lower price, you want to use specific share identification. I hope that explains it. If not, send me an email and maybe we'll do a blog post on it. Okay, next question again on tax returns. Hi, Dr. Dolly. Thank you for all that you do. Just recording a podcast is relatively easy work compared to what you guys are all out there doing in the trenches day to day work.
It's that time of year where we have lots of questions about taxes. Today we talk about how to file an amendment to your 2022 tax return. The good news is it's not hard and it is not a big deal. We also talk about what to do if your tax professional makes a mistake on your taxes. Next we get into some questions regarding tax loss harvesting and what the averaging method is. We discuss if there is ever a good reason to use a robo-advisor to help with tax loss harvesting. Finally we answer a question about the pro rata rule as well as a few student loan questions.
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