Long-Term Capital Gain (Or Loss)

Business / Taxes / Long-Term Capital Gain (Or Loss): When you sell a capital asset that you have owned for more than a year at a higher price than you paid to buy it, any profit on the sale is considered a long-term capital gain. If you sell for less than you paid to purchase the asset, you have a long-term capital loss. Unlike short-term gains, which are taxed at your income tax rate, most long-term gains on most investments, including real estate and securities, are taxed at rates lower than the rates on ordinary income. Currently, those rates are 15% if you’re in the 25% tax bracket or higher, and 5% if you are in the 10% or 15% bracket. You can deduct your long-term losses from your long-term gains, and your short-term losses from your short-term gains, to reduce the amount on which potential tax may be due. You may also be able to deduct up to $3,000 in accumulated long-term losses from your ordinary income and carry forward losses you can’t use in one tax year to deduct in the next tax year.

Other Words for Capital

Capital Adjective Synonyms: chief, main, major, important, cardinal, central, principal, prime, primary, paramount, pre-eminent, foremost, leading
Capital Noun Synonyms: head, top, crown, cap
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Other Words for Gain

Gain Adverb Synonyms: get, obtain, acquire, procure, attain, achieve, secure, earn, win, capture, bag, net, harvest, reap, garner, glean, collect, gather, come by, pick up
Gain Noun Synonyms: acquisition, achievement, attainment
Gain Verb Synonyms: catch up (to or on or with), approach, get nearer (to), overtake, close with, close in (on), narrow the gap, gain ground
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Net After-Tax Gain

Business / Finance / Net After-Tax Gain: Capital gain after income taxes have been paid. MORE

Negative Working Capital

Business / Finance / Negative Working Capital: Occurs when current liabilities exceed current assets, which can lead to bankruptcy. MORE

Net Capital Requirement

Business / Finance / Net Capital Requirement: SEC requirement that member firms and nonmember securities broker-dealers maintain a maximum ratio of indebtedness to liquid capital of 15 to 1. MORE

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