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Under Current Tax Law, in Order for the Profits from the Sale

Question 144

Multiple Choice

Under current tax law, in order for the profits from the sale of any investment to be considered long-term capital gain income, the investment must have been held for:


A) longer than 6 months.
B) longer than 12 months.
C) longer than 18 months.
D) longer than 24 months.

Correct Answer:

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