Cryptocurrency Q&A
What is 60 40 rule futures?
What is 60 40 rule futures?
PhoenixRising
Sun Sep 29 2024
|
6 answers
1418
Excuse me, could you possibly elaborate on the concept of the "60 40 rule" in the context of futures trading? I'm somewhat unfamiliar with this particular terminology, and I'm eager to gain a better understanding of its significance and potential applications within the realm of cryptocurrency and finance. Could you provide a concise yet informative explanation, perhaps with some real-world examples or scenarios where this rule might be employed?
6 answers
GyeongjuGrace
Tue Oct 01 2024
For short-term capital gains derived from stocks or ETFs, the tax rate is typically aligned with your ordinary income tax rate.
Was this helpful?
122
94
MichaelSmith
Tue Oct 01 2024
BTCC, a leading cryptocurrency exchange, offers a wide range of services that cater to investors' various needs. These services include spot trading, futures trading, and wallet management.
Was this helpful?
197
60
OceanSoul
Tue Oct 01 2024
However, when it comes to futures trading, a different taxation rule applies: the 60/40 rule.
Was this helpful?
339
97
Federica
Tue Oct 01 2024
Under this rule, 60% of your profits from futures trading are taxed at the long-term capital gains tax rate, which is currently set at 15%.
Was this helpful?
151
38
CryptoNerd
Tue Oct 01 2024
Cryptocurrency investments, including those in stocks and ETFs, often lead to tax implications for investors.
Was this helpful?
342
25
Load 5 more related questions
