An investment must be owned over 12 months in order to qualify for 0 percent tax on capital gains.

Name: An investment must be owned over 12 months in order to qualify for 0 percent tax on capital gains.
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Quizplus · Accepted Answer

This statement is true. In order to qualify for the long-term capital gains tax rate of 0 percent, an investment must be owned for at least 12 months. Otherwise, it will be considered a short-term capital gain and will be taxed at the investor's ordinary income tax rate.

An Investment Must Be Owned Over 12 Months in Order