12 ms·
Long-term is holding the asset for a year or more. Short-term is treated as ordinary income.
by legutierr 14y ago
Long-term is holding the asset for a year or more. Short-term is treated as ordinary income.
- joshAg 14y agotrue, but what's the interest rate for short term cap gains? i know it's (15,30), but i can't rememeber if it's just 18% or something more like 25%. and since i am efficient (read: lazy :), i just overestimated to 30% instead of wikipedia-ing.