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🏦 Money systems · Lesson 54
🧾

Capital gains tax

Hold over a year and the tax bite is way smaller.

The idea

When you sell something for more than you paid, that profit is called a capital gain — and the government usually takes a small slice as tax. Here's the cool part: if you hold an investment for more than a year before selling, the tax bite is much smaller. So patience doesn't just grow your money, it can also lower your taxes. 🧾

Words to know

Capital gain
The profit you make when you sell an investment for more than you paid.
Capital gains tax
The tax you owe on that profit when you sell.
Short-term vs long-term
Held under a year = taxed more; held over a year = taxed less.
Roth IRA
A special account where investment gains are never taxed.
Tax-loss harvesting
Selling a losing investment so the loss can lower the tax on your gains.
Income bracket
The tax rate that applies to your income; short-term gains are taxed at this rate.

Try it — no account needed

Match each timeline to how the IRS taxes your gains.

0 / 4 matched

In the full lesson

  1. 1Match the pairs

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