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Making These Moves During a Bear Market Can Come With a Sturdy Price Tag

Making These Moves During a Bear Market Can Come With a Sturdy Price Tag

A bear market is generally defined by major indexes (particularly the S&P 500) declining by more than 20% from recent highs, and since the start of 2022, that's what we've experienced. How much tax you owe on stock profits (called capital gains) depends on how long you've held the stock. If you've held a stock for less than a year and sell it, your profits will be taxed at your regular income tax rate.