The timing on the sale of a stock could make a big difference in the amount of taxes that are due on the profits.

Name: The timing on the sale of a stock could make a big difference in the amount of taxes that are due on the profits.
Brand: Quizplus
Rating: 4.7 (33 reviews)

Question

Quizplus · Accepted Answer

The timing of the sale of a stock can significantly impact the amount of taxes due because long-term capital gains (assets held for more than a year) are typically taxed at a lower rate than short-term capital gains (assets held for one year or less).

The Timing on the Sale of a Stock Could Make