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United States · Bill · HR

H.R. 4231 (98th)

A bill to amend the Internal Revenue Code of 1954 to reduce the holding period required for long-term capital gain or loss treatment and for other purposes.

openUnited States· United States Congress· EN

Introduced

27 October 1983

Last action

Status

See H.R.4170.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to decrease the holding period for capital gains tax treatment from one year to six months. Reduces the amount of capital loss which an individual may offset against ordinary income to $1,000.

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Documents

1 official file

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Sources

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