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What is the difference between short-term and long-term?

April 26, 2017long-term short-term

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What is the difference between short-term and long-term?

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Mutual fund shares held for one year or less are considered short-term; those held for more than a year are deemed long-term. Short-term capital gains are included with your other ordinary income and are taxable at rates as high as 35%. Long-term capital gains are taxed at rates as high as 25%.