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

tuxis-1dog — Tue, 04 Jun 2019 00:36:15 GMT

Yes. Arkansas has adopted its version of Federal capital...

DanielV01 — Tue, 04 Jun 2019 00:36:16 GMT

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.

topic Is the Arkansas short-term capital gain amount the same as the federal short-term capital gain amount? in Investors & landlords

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

Yes. Arkansas has adopted its version of Federal capital...