Question

what is short term capital gain

Answer 1

 This means short-term gain is usually taxed at the taxpayer's top marginal tax rate, whereas long-term capital gains are taxed at a capital gains rate, which is often lower than a person's marginal tax rate. A short-term gain can only be reduced by a short-term loss.

Answer 2

This means short-term gain is usually taxed at the taxpayer's top marginal tax rate, whereas long-term capital gains are taxed at a capital gains rate, which is often lower than a person's marginal tax rate. A short-term gain can only be reduced by a short-term loss.