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A day trader pays short-term capital gains, which are taxed at income rates. Long-term capital gains kick in after the asset has been held more than a year. I'
by ISL 12y ago
A day trader pays short-term capital gains, which are taxed at income rates. Long-term capital gains kick in after the asset has been held more than a year.
I'm not certain, but I think that the long-term rates could apply if you held your apples for more than a year.