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  1. Default Is tax different for short and long trades?

    I am fairly new to trading. I would like to know how does taxation differ(if it does) for short and long term trades.
    Any pointers will be helpful.

  2. Default

    TH]Ordinary income rate
    [/TH]
    [TH]Long-term capital gain rate[/TH]
    [TH]Short-term capital gain rate[/TH]
    [/TR]
    [TR]
    [TH]10%[/TH]
    [TD]0%[/TD]
    [TD]10%[/TD]
    [/TR]
    [TR]
    [TH]15%[/TH]
    [TD]0%[/TD]
    [TD]15%[/TD]
    [/TR]
    [TR]
    [TH]25%[/TH]
    [TD]15%[/TD]
    [TD]25%[/TD]
    [/TR]
    [TR]
    [TH]28%[/TH]
    [TD]15%[/TD]
    [TD]28%[/TD]
    [/TR]
    [TR]
    [TH]33%[/TH]
    [TD]15%[/TD]
    [TD]33%
    [/TD]
    [/TR]
    [TR]
    [TH]35%[/TH]
    [TD]15%[/TD]
    [TD]35%[/TD]
    [/TR]

  3. Default

    My accountant told me that here in NC they is no short or long. Suggest you check with an c.p.a. or etc?

 

 

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