Net Short-Term Capital Gains May Be Offset by Net Long-Term

question 29

True/False

Net short-term capital gains may be offset by net long-term capital losses.

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Definitions:

Ratio

An arithmetic ratio that illustrates the frequency with which one number incorporates another, depicting how many times one value is contained within another.

Equivalent Ratio

Ratios that express the same relationship between numbers, despite being scaled differently.

Smallest Term

The minimum value or term in a set, sequence, or collection of numbers or values.

Ratio

A link between two digits signifying the frequency with which the first digit embodies the second.