Short- and long-term gains
Short-term: shares held a year or less, taxed in the US as ordinary income. Long-term: held longer, taxed at lower rates.
How to use it
Holding past a year can lower the tax rate on a gain.
Limitations
U.S. rules only; Kereon's tax view ignores wash sales, state tax and account type.
Also called: short-term gain, long-term gain.