Examlex
Which of the following is a potential feature of a digital dashboard?
Long-term Capital Gains
Profits from the sale of an asset held for more than a year, generally taxed at a lower rate than short-term capital gains or regular income.
Collectibles
Items of personal property that are considered valuable due to rarity, demand, or historical significance, potentially subject to special capital gains tax rates upon sale.
Capital Gain Transactions
Deals involving the sale of an asset, such as stocks, bonds, or real estate, where the sale price exceeds the purchase price, resulting in income that can be taxed at preferential rates.
Form 1099-B
A form used by brokers and barter exchanges to report proceeds from transactions to the taxpayer and the IRS.
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