Replies to post #79324 on Sulja Bros. Building Supplies, Ltd (SLJB)

[Kramrer]

Yes that is correct!

[Confuzzled1]

I know the 1yr 15% is correct, but i dunno about the less than a year, i thought it just factored into your income bracket but i dunno much about it to be honest

[caprock]

short term capital gains are taxed as ordinary income

[jbt]

I'm pretty sure anything less than a year is taxed as if it's part of your regular income so whatever income tax bracket you fall under dictates what you would have to pay. After a year it's taxed at 15%.