Is the Arkansas short-term capital gain amount the same as the federal short-term capital gain amount?

[DanielV01]

Yes.  Arkansas has adopted its version of Federal capital gains treatment.  In Arkansas, short term capital gains are determined the same as short-term Federal capital gains:  an asset sold within one year or less of acquisition.  In Arkansas, these gains are 100% taxed as ordinary income, just as on the Federal side.  Long-term capital gains, however, are 50% excluded from Arkansas tax, and the remaining 50% are taxed as ordinary income.