What Are Capital Gains
55Definition of Capital Gains
So, What is the definition of capital gains. Capital gains represent the differance in what you paid for a stock versus the amount you sold it at.
There are two types of capital gains. There are short-term capital gains and long-term capital gains. Both of these terms gain their importance from the United State tax code.
If you sell a stock after you have owned it for only a short period of time, you will have short-term capital gains. This assumes that you made a profit on your sale.
If you sell a stock after you have owned it for a long period of time, you will have long-term capital gains. The implication of these designations is that long-term capital gains are taxed at a lower rate than short-term capital gains.
Avoid Short-Term Capital Gains
Capital Gains
Should Capital Gains Taxes Be Raised or Lowered?
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