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URL:  http://boards.fool.com/toozie-said-do-you-know-if-i-have-the-lt-capital-10423468.aspx

Subject:  Re: LT Capital Gains question Date:  11/19/1998  1:41 PM
Author:  bliles Number:  6384 of 121565

toozie said:
Do you know if I have the LT capital gains holding period / tax (12 months --> 20%)
correct?


It is 12 months + 1 day. If you buy 3/1/97 and sell 3/1/98 it is a short term gain. If, instead, you sell 3/2/98 it is a long term gain.

Bob
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