Select the correct answer.
Which statement accurately describes the difference between short-term and long-term capital gains in terms of taxes?
OA. Long-term capital gains are from investments that have been held for more than one year and are taxed at a lower rate than
short-term capital gains.
OB. Long-term capital gains are from investments that have been held for at least six months and are taxed at a lower rate than
short-term capital gains.
O C. Long-term cap gains are from investments that have been held for more than one year and are taxed at a higher rate than
short-term capital gains.
COD. Long-term capital gains are from investments that have been held for at least six months and are taxed at a higher rate than
short-term capital gains.