Short- or Long-Term Gain or Loss

Report short-term gains or losses in Part I. Report long-term gains or losses in Part II. The holding period for short-term capital gains and losses is generally 1 year or less. The holding period for long-term capital gains and losses is generally more than 1 year. However, beginning in 2018, the long-term holding period for certain gains with respect to “applicable partnership interests” is more than 3 years. See Pub. 541 for more information.

For more information about holding periods, see the Instructions for Form 8949.