Since the gain received from the sale of stock is always taxed as ordinary income, you may want to time your sale to shift your profit from one year to another.

Name: Since the gain received from the sale of stock is always taxed as ordinary income, you may want to time your sale to shift your profit from one year to another.
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

The gain from the sale of stock is typically taxed as capital gains, not ordinary income, and the tax rate can vary based on how long the stock was held.

Since the Gain Received from the Sale of Stock Is