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Q: Is the capital gain for stock which was a gift considered long term or short term?
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What is the short term capital gain rate for stocks?

The short term capital gain on a stock held for less than one year is the rate you pay on ordinary income.


If you sell stock do you owe tax on the capital gain of the stock or entire principle amount?

You only owe tax on the capital gain.


Do short-term losses from a stock sale offset short-term capital gains for tax purposes?

Short offset shorts first, then they offset longs. Your better to have them offset short, as short is taxed at ordinary rate and long at special lower rate. A stock sale is a capital gain/loss transaction.


Why buying stock and hoping to sell it for a capital gain has less potential risk than short selling?

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What are the 2 ways of earning profits from stock?

Interest and capital gain are two ways of earning gain from stock.


How could you earn a capital gain on your stock?

Wait for the stock price to be more than what you paid for it. For example you buy a stock for $5 and in two weeks it jumps to $10 and then you sell it, that is capital gain


How long do you need to hold a stock to minimize gains taxes?

One year makes any gain from the sale a long term capital gain which is at a lower tax rate than a short term gain.


What is the difference between a dividend and a capital gain?

dividends are the payments made from the profits in which a person owns stock, and capital gain is the increase in value of a capital asset.


If you sell a stock higher then you bought it what do you claim on your taxes?

A capital gain.


What are the tax rates on short term capital gains and long term capital gains for a student with no income but who has 10000 in the stock market?

There is no such animal as a short term capital gain or loss... When you hold the stock for a year or more it is treated as capital and the tax rate on your realized gains is (currently) 15%. If you sell out and had held for less than a year, your gain or loss is netted together with other ordinary income such as the pay you get from a regular job, and is subject to the same tax rates as for your regular paycheck.


If you sell a stock exactly one year later is that a long term capital gain?

Has to held MORE than one year to be a LTCG. One year or less the sale would be a short term gain.


What is selling stock at a price higher than the original purchase price brings the seller a capital?

It brings a capital gain.It brings a capital gain.It brings a capital gain.It brings a capital gain.