Long-term capital gain

(redirected from Long-term capital loss)

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 ?
generates $2,000 of ordinary income and $7,000 of long-term capital loss and makes a $5,000 distribution to A.
So, you cannot claim relief for any long-term capital loss.
If Tim sells the stock at $2 per share after the restrictions lapse, he will realize a $2 per share long-term capital loss.
If she waited more than 30 calendar days between the, sale and the repurchase, the $11,000 long-term capital loss is recognized and the holding period starts anew for the "new" stock with a $23,000 cost basis.
1244 stock, any resulting loss will be short-term or long-term capital loss, depending on when the contribution was made.
For long-term gains and losses, a net loss from the 28% group (including long-term capital loss carryover) would offset any gains from the 25% group and, then, any from the 20% group.
shareholder's at preferential rates, and any such loss will be treated as long-term capital loss and subject to limitations.
1, he sells his original 100 shares for $12 per share for a long-term capital loss of $1,800 ($1,200 sales proceeds less $3,000 basis).
To the extent indexing creates or increases an ordinary loss on the sale of property, its application would be barred and the incremental ordinary loss treated as a long-term capital loss.
On this redemption the client would generate a long-term capital loss of $3,315 (442 shares x l$17.
To the extent the Liquidating Trust makes payments on account of liabilities assumed by the Liquidating Trust that were not taken into account in determining the amount of the constructive distribution, the stockholders will be able to claim a long-term capital loss (provided they held their Salient stock for more than one year) in the year of such payments.
This resulted in a short-term capital loss of $5,663 and a long-term capital loss of $2,000 for the Technology fund and a short-term capital gain of $9,984 and a long-term capital loss of $4,708 for the Summit fund.

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