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johngarriss
New Member

If I sell a stock for a profit that was partially held for less than one year and partially held for greater than one year, how much is the capital gains tax?

Note: For example, 50 shares of the stock have been held for greater then one year and 50 shares have been held for less than a year. If all shares are now sold, what is the capital gains tax rate? Short term or long term?
2 Replies
VolvoGirl
Level 15

If I sell a stock for a profit that was partially held for less than one year and partially held for greater than one year, how much is the capital gains tax?

Both.  When you enter the sale you will have to split it into 2 sales.   One sale for the long term shares and another sale for the short term shares.  

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Mike9241
Level 15

If I sell a stock for a profit that was partially held for less than one year and partially held for greater than one year, how much is the capital gains tax?

the 2021 brokers' 1099-B will split the trade into a short-term and a long-term portions.

 

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