Cap gains question

[Derek Atkins]

Jon Lapham <lapham at extracta.com.br> writes:

> Can income from interest be considered cap gains?  Interest from a
> bank account, CD, etc.

No.  Interest Income is not a Cap Gain.
Dividends are also a separate type of income.

Also, there is the concept of Long Term and Short Term cap gains, which
are treated differently for tax purposes.

-derek
-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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