DianeW777
Employee Tax Expert

Get your taxes done using TurboTax

You can use any date to accomplish long or short term sales. See the holding periods below.

 

Holding Periods:

  • Long term is a holding period of more than one year (one year plus one day) and receives capital gain tax treatment (0%, 10%, 15%, 20% depending on your regular rate of tax)
  • Short term is a holding period of one year or less and receives ordinary gain tax treatment (your regular rate)
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