Definition
The profit made on a position held for less than one year. It is taxed at ordinary income rateslong-term capital gains rate. rather than the more favorable
The profit made on a position held for less than one year. It is taxed at ordinary income rateslong-term capital gains rate. rather than the more favorable
Calculating Your Taxes
Do you understand how your taxes are actually calculated? This article explains and gives examples of credits, deductions, and gifts. Also includes information on how family, marriage, children, and education can affect your taxes.
Taxes and Your Investments
Learn how taxes should affect your investment strategy. Understand how gains from stocks, mutual funds, bonds, lottery winnings, and other sources are taxed differently. Topics include short-term and long-term capital gains, the wash sale rule, investment interest, stock splits, and active trading. (http :// investorwords.com)