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Taxes

Capital Gains & Investment Taxes

Check your command of how investments are taxed. Covers short versus long-term gains, cost basis, the wash sale rule, tax-loss harvesting, dividends, and the home sale exclusion. Ten questions, instantly graded. Question one is on the house.

1

How long must you hold an investment for a profit to qualify as a long-term capital gain?

2

What is an investment's cost basis?

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3

You sell a stock at a loss, then buy the same stock back 10 days later. What does the wash sale rule do?

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🔒 Plus 7 more questions in this test

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