I have a question about how to differentiate a capital gain short term from a capital gain long term. How do I know if a capital loss or gain is short- or long-term?
Regarding the difference between a capital gain short term and a capital gain long term, a short-term gain or loss occurs when you sell property that you owned for one year or less.
A long-term gain or loss involves property you’ve held for longer than one year.
Learn more about the sales expenses associated with the sale of stock and how to report it on the tax form 1099-b from the tax experts at H&R Block.
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