JohnB5677
Expert Alumni

Investors & landlords

LT refers to Long Term Capital Gains.  ST is Short Term Capital Gain.

 

Long term Capital Gains are from stocks or assets that were held for more than a year.  These gains get preferential tax treatment and are typically taxed at a lower rate.

 

Short Term Capital Gain is for items held less than one year.  These gains are taxed at your highest marginal tax rate.

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