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Term Of The Hour

stock sales IRS: Original post by Michael Dreiser of Demand Media If you have long-term capital gains from the sale of stocks or other capital assets, you must report those gains to the Internal Revenue Service as income by filing form Schedule D to U.S. Form 1040. The IRS defines long-term capital gains any profit made on a capital investment that was held for longer than one year. Long-term capital gains are…

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