The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: LT Capital Gains question||Date: 11/19/1998 1:41 PM|
|Author: bliles||Number: 6384 of 121316|
Do you know if I have the LT capital gains holding period / tax (12 months --> 20%)
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.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|