Comment on Exploiting Silicon Valley For Profit (and Maybe Fun)parentComments−legutierr14yLong-term is holding the asset for a year or more. Short-term is treated as ordinary income.−joshAg14ytrue, but what's the interest rate for short term cap gains?i know it's (15,30), but i can't rememeber if it's just 18% or something more like 25%. and since i am efficient (read: lazy :), i just overestimated to 30% instead of wikipedia-ing.
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Long-term is holding the asset for a year or more. Short-term is treated as ordinary income.
true, but what's the interest rate for short term cap gains?
i know it's (15,30), but i can't rememeber if it's just 18% or something more like 25%. and since i am efficient (read: lazy :), i just overestimated to 30% instead of wikipedia-ing.