What Is the Difference Between Short-Term & Long-Term Capital Gains and Losses?

Answer Capital gains and losses are classified as "long-term" or "short-term" for income tax purposes. If an individual holds property for more than one year before selling it, the gain or loss on the sa... Read More »

Top Q&A For: What Is the Difference Between Short-Term & Lon...

What is the short term capital gains tax rate?

Your short-term capital gains tax rate is equal to the maximum rate of your ordinary income. Short-term capital gains can result when you hold an asset for less than one year.Source:The Investment ... Read More »

How to Calculate Capital Gains on Short Term Investments?

A capital gain is profit earned on shares, stocks, bonds, real estate or goodwill, the value a company has because of its reputation. If you buy any of these assets and later sell them for more tha... Read More »

Can short-term&long-term disability insurance be deducted from federal taxes?

Taxpayers are not allowed to deduct premiums that they paid for personal disability insurance. While it is legal to deduct other forms of insurance, such as business liability insurance, personal d... Read More »

You live in Ontario and have been on short term disability am now having to apply for long term you were wondering if there is a way for you to get your vacation pay?