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If you have information in Boxes 1b and 1c, you will be able to tell which box to mark.
If the date in Box 1b is a more than a year before the date in Box 1c, then the gain or loss is long-term.
If the dates are a year or less apart, the gain or loss is short-term.
Click here for more information about Short-term vs Long-term Capital Gains.
If you have information in Boxes 1b and 1c, you will be able to tell which box to mark.
If the date in Box 1b is a more than a year before the date in Box 1c, then the gain or loss is long-term.
If the dates are a year or less apart, the gain or loss is short-term.
Click here for more information about Short-term vs Long-term Capital Gains.
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