John purchased stock on 7/11/21 for $1,000. He sells the stock for $4,000 on 12/30/21. What is his gain on this transact

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answerhappygod
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John purchased stock on 7/11/21 for $1,000. He sells the stock for $4,000 on 12/30/21. What is his gain on this transact

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John purchased stock on 7/11/21 for $1,000. He sells the stock
for $4,000 on 12/30/21. What is his gain on this transaction?
$3,000 1231 Gain
$3,000 Ordinary Gain
$3,000 Short Term Capital Gain
$3,000 Long Term Capital Gain
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