Will I have to pay short term cap gain on a partial sale that amounts to less than cost basis?

Discussion in 'Personal Finance' started by Mista Wes, Nov 29, 2021.

  1. Mista Wes

    Mista Wes New Member

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    For example: if I buy a stock for $10,000 and it increases to $30,000 and I then proceeded to sell $9,999 worth of my position (1 dollar less than cost basis) will it trigger a short term tax event? Will the remaining $20,001 still qualify for long term capital gain when the threshold is passed? Thanks.
     

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