Internal Revenue Service, read September 2026
When a gain counts as long-term in United States
What Internal Revenue Service publishes about when a gain counts as long-term in United States, quoted verbatim from IRS - Topic no. 409, Capital gains and losses, read September 2026.
- the authority quoted here
- Internal Revenue Service
- of the authorities read publish on this question
- 4/6
- the day these pages were read
- 2026-09-11
The authority's own words
Generally, if you hold the asset for more than one year before you dispose of it, your capital gain or loss is long-term. If you hold it one year or less, your capital gain or loss is short-term.
That sentence is the whole of what Internal Revenue Service publishes on this point on the page cited. It is reproduced here for reporting and comment; it is not tax advice, and nothing on this page is our reading of it.
The same question in other jurisdictions
| Jurisdiction | What the authority says |
|---|---|
| Washington | The tax only applies to gains allocated to Washington state.Washington Department of Revenue - Capital gains tax, read September 2026 |
| Texas | Sec. 24-a. INDIVIDUAL INCOME TAX PROHIBITED. The legislature may not impose a tax on the net incomes of individuals, including an individual's share of partnership and unincorporated association income.Texas Constitution, Article 8 (Taxation and Revenue), read September 2026 |
| New Jersey | When you calculate the gain or loss from each transaction, you can deduct expenses of the sale and your basis in the property.New Jersey Division of Taxation - Capital Gains, read September 2026 |
Side by side, each in its own authority's words. Where two jurisdictions differ, the difference is between the two quotations; it is not our characterisation of either.
Where this comes from
Reproduced from IRS - Topic no. 409, Capital gains and losses as it stood on September 2026; the plain text of that page from that day is stored beside the record, so the sentence can be checked against its origin. Across the questions asked here, Internal Revenue Service answers 6 and publishes nothing quotable on 0.
Cite or embed this figure
Internal Revenue Service on when a gain counts as long-term in United States: “Generally, if you hold the asset for more than one year before you dispose of it, your capital gain or loss is long-term. If you hold it one year or less, your capital gain or loss is short-term.” (Capital Gains Tax HQ US Capital Gains Tax Record).
Cite as: "Capital Gains Tax HQ US Capital Gains Tax Record: When a gain counts as long-term, United States", updated 2026-09-11, https://capitalgainstaxhq.com/tax/united-states/holding-period/.