Long-term capital gain

(redirected from Long Term Gains)

Long-term capital gain

A profit on the sale of a security or mutual fund share that has been held for more than one year.

Long-Term Capital Gain

The profit one realizes by selling a position one has held for longer than one year. For example, if one buys a stock or bond and sells it five years later for more than what one paid, this is considered a long-term capital gain. The government wishes to encourage long-term investment, and as such, long-term capital gains are usually entitled to preferential treatment for tax purposes; that is, they are taxed at a lower rate than most other income. See also: Long-term capital loss.

Long-term capital gain (or loss).

When you sell a capital asset that you have owned for more than a year at a higher price than you paid to buy it, any profit on the sale is considered a long-term capital gain.

If you sell for less than you paid to purchase the asset, you have a long-term capital loss.

Unlike short-term gains, which are taxed at your income tax rate, most long-term gains on most investments, including real estate and securities, are taxed at rates lower than the rates on ordinary income. Currently, those rates are 15% if you're in the 25% tax bracket or higher, and 5% if you are in the 10% or 15% bracket.

You can deduct your long-term losses from your long-term gains, and your short-term losses from your short-term gains, to reduce the amount on which potential tax may be due. You may also be able to deduct up to $3,000 in accumulated long-term losses from your ordinary income and carry forward losses you can't use in one tax year to deduct in the next tax year.

long-term capital gain

A gain on the sale of an asset held for more than one year.Currently longterm capital gains enjoy reduced tax rates over those imposed on short-term capital gains.

References in periodicals archive ?
It would be a shame if something which united the nation is allowed to slip away without long term gains.
83% of its net value on December 31, 1999 or all available net investment income and net short and long term gains, in order to continue its qualifications as a Regulated Investment Company and to avoid the Excise Tax under the Internal Revenue Code.
With the dedicated efforts of EyeWonder's technology staff and applications develop team, coupled with the focus of EYI's management team, this partnership has the potential to significantly impact EYI's top and bottom lines through more effective sales activities, and the improvement in overall communications efficiency can drive long term gains through all levels of the organization.
83% of its net asset value on December 31, 1998, or all available net investment income and net short and long term gains, in order to continue its qualification as a Regulated Investment Company.
John Hancock Financial Trends Fund (Nasdaq: JHFT) announced today that the fund retained $4,435,154 of net long term gains and elected to pay the federal corporate income tax thereon at the rate of 35%:
83% of its net value on December 31, 1998 or all available net investment income and net short and long term gains, in order to continue its qualifications as a Regulated Investment Company and to avoid the Excise Tax under the Internal Revenue Code.
83% of its net asset value on December 31, 2002, or all available net investment income and net short and long term gains, in order to continue its qualification as a Regulated Investment Company.
83% of its net asset value on December 30, 1994 or all available net investment income and net short and long term gains, in order to continue its qualifications as a Regulated Investment Company and to avoid the Excise Tax under the Internal Revenue Code.
83% of its net value on December 31, 2002 or all available net investment income and net short and long term gains, in order to continue its qualifications as a Regulated Investment Company and to avoid the Excise Tax under the Internal Revenue Code.
31, 1993, or all available net investment income and net short and long term gains, in order to continue its qualification as a Regulated Investment Company.
31, 1993 or all available net investment income and net short and long term gains, in order to continue its qualification as a Regulated Investment Company and to avoid the Excise Tax under the Internal Revenue Code.