Long Term Capital Gains.... O A. occurs when an item is held longer than 1 year and are currently taxed at 0% to 20% B. occurs when an item is held longer than 6 months and are currently taxed at 0% to 20% C. occurs when an item is held longer than 6 months and currently taxed at 15% O D. occurs when an item is held longer than 1 year and are taxed the same as ordinary income