News for hackers. Stuff that matters.
Re:Exploiting Silicon Valley For Profit (and Maybe Fun) by legutierr on Friday June 22, 2012 @08:39AM (#4146506)
Long-term is holding the asset for a year or more. Short-term is treated as ordinary income.
Re:Exploiting Silicon Valley For Profit (and Maybe Fun) by joshAg on Friday June 22, 2012 @01:57PM (#4147864)
true, but what's the interest rate for short term cap gains?

i know it's (15,30), but i can't rememeber if it's just 18% or something more like 25%. and since i am efficient (read: lazy :), i just overestimated to 30% instead of wikipedia-ing.