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FINRA Series 6

Category - Series 6

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Under current tax law, in order for the profits from the sale of any investment to be considered long-term capital gain income, the investment must have been held for:

longer than 6 months.
longer than 12 months.
longer than 18 months.
longer than 24 months.

Explanation

Answer: B - Under current tax law, in order for the profits from the sale of any investment to be considered long-term capital gain income, the investment must have been held for longer than 12 months.

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FINRA Series 6

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