A year of stock trades, worked
Tell short-term and long-term capital gains apart, and see why the holding period changes your tax rate.
Module 20 of 26, US tax walkthroughs (general information). Lesson 1 of 5, about 18 minutes. This module is for readers in the US.
The takeaway
Hold over a year and a gain gets the lower long-term rate. Hold a year or less and it is taxed like your salary. Losses offset gains first, then up to $3,000 of other income a year.
This page is a public summary. The full lesson has the worked examples, an interactive exercise and a short quiz, and sits in the course. Lessons 1 and 2 of Module 1 are free and the rest need a pass.
Open this lesson in the course
General information only. It doesn't consider your objectives, finances or needs. Tickfloor holds no financial services licence and never places trades.