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Posted On: 02/27/2020 7:08:38 PM
Post# of 86180
Heres the excerpt why I thought that. Sorry sent private msg, always hit wrong button on app.
Short-Term Capital Gains Tax Rates
Short-term capital gains are taxed as though they are ordinary income. Any income you receive from investments you held for less than a year must be included in your taxable income for that year. So if you have, say, $80,000 in taxable income from salary and $5,000 from short-term investments, your total taxable income is $85,000.
Short-Term Capital Gains Tax Rates
Short-term capital gains are taxed as though they are ordinary income. Any income you receive from investments you held for less than a year must be included in your taxable income for that year. So if you have, say, $80,000 in taxable income from salary and $5,000 from short-term investments, your total taxable income is $85,000.
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