Which of the following sales results in a short-term gain/loss?
A) A capital asset bought on June 30, 2015 and sold June 20, 2016.
B) A capital asset bought on July 25, 2015 and sold August 19, 2016.
C) A capital asset bought on September 12, 2009 and sold August 19, 2016.
D) A capital asset bought on August 15, 2015 and sold August 16, 2016.
E) All of the above are long-term gains/losses.
Correct Answer:
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