Which of the Following Sales Results in a Short-Term Gain/loss

question 58

Multiple Choice

Which of the following sales results in a short-term gain/loss?

• A)A capital asset bought on June 30, 2018 and sold June 20, 2019.
• B)A capital asset bought on July 25, 2018 and sold August 19, 2019.
• C)A capital asset bought on September 12, 2012 and sold August 19, 2019.
• D)A capital asset bought on August 15, 2018 and sold August 16, 2019.
• E)All of these are long-term gains/losses.

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Definitions:

Annuity Cost

The initial investment or premium required to purchase an annuity, which in return provides periodic payments for a specified period or for life.

Pretax Return

The financial return on an investment before any taxes are deducted.

Taxable Investor

An individual or entity that is subject to taxes on investment income and capital gains, affecting investment choices and strategies to minimize tax liabilities.

After-tax Return

The profit realized from an investment after all applicable taxes have been subtracted, representing the actual benefit to the investor.