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REDDIT

How do gains work in an account when selling?

H
Mar 11, 2025 · 18:08

Let’s say I put $150k in a taxable account into VOO and it goes up 20% to $180k over a couple years. (Long term gains)

I then decide I only wanted $50k of principle invested, so I sell $100k.

My account value is now $80k.

In the long run, how would I keep track of my gains, if I’ve already realized the gain on $100k of the shares, but the profits are still showing in the account?

Would I be better off selling the entire account and opening a new account that way future gains are easier to keep track of?