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Retirement tax questions
So, a long-term capital gain is the profit on the sale of an investment you've held for longer than a year. So, the answer to your question is stock are not the only investment that can receive long-term capital gains treatment. Although this is not an exhaustive list other investments can include bonds, mutual funds, exchange-traded funds, cryptocurrency, Section 1256 contracts, commodities, collectibles, and real estate.
Thanks again for the question @pzenanko
All the best,
Marc
Employee Tax Expert
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‎June 26, 2024
10:46 AM
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