Jefferson Davis was the President of the United States of America during the Civil War
True
False

Jefferson Finis Davis (June 3, 1808 – December 6, 1889) was an American politician who served as the president of the Confederate States from 1861 to 1865. As a member of the Democratic Party, he represented Mississippi in the United States Senate and the House of Representatives before the American Civil War.

Explanation:

the answer is: must pay taxes on profits

since it is considered as a part of your income, profits from investments is eligible for tax payment.

the tax from your investment could be influenced by how long you decided to sell it. united states promotes keeping your investment for long term period. so, the tax rate for investments that you sell in less than one year is typically higher compared to investments that you sell in more than one year period.