Question

What Is Short Term Capital Asset

Answer 1

Answer:

Short term capital asset An asset held for a period of 36 months or lessin a short - term capital asset .

Answer 2

Answer:

Short-term capital gains are gains you make from selling assets that you hold for one year or less. They're taxed like regular income. That means you pay the same tax rates you pay on federal income tax. ... Depending on your regular income tax bracket, your tax rate for long-term capital gains could be as low as 0%.

Explanation:

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