Mastery card
I can explain STCG
Short-term capital gains - tax on profits from selling sooner than the long-term holding period.
STCG applies when an asset is sold within the holding period defined as short-term under tax law for that asset class.
Sticky trick
Holding-period rules differ by asset - check current tax law, not memory.
Take into the room
In plain English, what is STCG?
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