Difference between long term and short term capital gain


Capital Gains and Losses

Response to the following :

a. Distinguish between long-term capital gain and short-term capital gain for capital assets acquired January 10, 2013.

b. If an individual has gains and losses from the sale of stocks and other investments, what form or schedule is used to support the capital gain or loss reported on Form 1040.

 

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Taxation: Difference between long term and short term capital gain
Reference No:- TGS02109753

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