For 2014, long-term capital gains are not afforded preferential tax treatment.

Name: For 2014, long-term capital gains are not afforded preferential tax treatment.
Brand: Quizplus
Rating: 4.9 (64 reviews)

Question

Quizplus · Accepted Answer

For 2014, long-term capital gains continued to be afforded preferential tax treatment, with a maximum tax rate of 20%. This changed in 2018 with the implementation of the Tax Cuts and Jobs Act, which maintained the preferential treatment but changed the maximum tax rate to 15%.

For 2014, Long-Term Capital Gains Are Not Afforded Preferential Tax