Which of the following is true about capital gains?

Question

Quizplus · Accepted Answer

For 2013, long-term capital gains are subject to special tax treatment. Short-term capital gains are netted with other capital gains and losses, and long-term capital gains are taxed at different rates depending on the individual's income level. Net short-term capital gains are netted with net long-term capital gains or losses. Long-term capital gains are not never taxed, but they are taxed at a lower rate than short-term capital gains.

Which of the Following Is True About Capital Gains