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Taxes

Long / Short-Term Capital Gains / Losses

What is a “short-term capital gain”?

A short-term capital gain is the profit gained from the sale of a capital asset that has been held for less than one year, and may be taxed at ordinary income tax rates ranging from 10 percent to 39.6 percent, depending on your tax bracket. A short-term gain is taxed as ordinary income.



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