If you own stock that has increased in price, it would be best to sell it after you have owned it for at least
A) 6 months and one day.
B) 12 months and one day.
C) 18 months and one day.
D) 24 months and one day.

Question

Quizplus · Accepted Answer

Selling a stock after owning it for more than 12 months qualifies the gains for long-term capital gains tax, which is generally lower than the short-term capital gains tax applied to investments held for less than a year.

If You Own Stock That Has Increased in Price, It