Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are long-term and short-term capital gains?

April 26, 2017capital gains long-term short-term

0

Posted

What are long-term and short-term capital gains?

1 Answer

0

Posted

• Short-term capital gains occur when stocks are bought and sold within one year – they are usually taxed at a higher tax rate. • Long-term capital gains occur when stocks are sold more than one year after their original purchase date – they are typically taxed at a lower rate.