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Post# of 70358
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clonk

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clonk

Re: Aquahoya post# 8907

Tuesday, 01/23/2018 6:19:51 AM

Tuesday, January 23, 2018 6:19:51 AM

Post# of 70358
In the US, if you hold for less than 1 year and a day and make a profit on a stock, you are required to pay "personal income tax" which (depending on your tax bracket) could be as high as 39%. Whereas, if you hold onto it for more than 1 year and a day, the taxes are then considered "capital gain tax" and the rate drops down to 15% to 20%
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