Mathematics

Darrell Morrison

1 May, 03:08

Select the correct answer. Which statement accurately describes the difference between short-term and long-term capital gains in terms of taxes? A. Long-term capital gains are from investments that have been held for more than one year and are taxed at a lower rate than short-term capital gains. B. Long-term capital gains are from investments that have been held for at least six months and are taxed at a lower rate than short-term capital gains. C. Long-term capital gains are from investments that have been held for more than one year and are taxed at a higher rate than short-term capital gains. D. Long-term capital gains are from investments that have been held for at least six months and are taxed at a higher rate than short-term capital gains.