When you sell stocks, you may have to pay tax on the proceeds. The amount of tax you pay depends on how long you held the stock and the type of stock. Short-term capital gains tax is the tax you pay on profits from the sale of stocks you held for one year or less. […]
How Are Etf Profits Taxed
If you’re like many investors, you may have etfs in your portfolio. Etfs, or exchange-traded funds, are investment vehicles that allow you to buy a basket of assets, such as stocks, with a single purchase. One question that investors may have is how profits from etfs are taxed. The answer depends on the type of […]
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