didn't your shares get cashed out, 49.00 per share?
I'm doing my friend's taxes, and my broker gave a 1099B of this cash out, they report it as a sale.
For tax reporting, this merger/forced sale that my friend had no choice in doing, is no different from any regular sale I guess in the eyes of the IRS, whether my friend came up on top or lost on it.
I'm doing my friend's taxes, and my broker gave a 1099B of this cash out, they report it as a sale.
For tax reporting, this merger/forced sale that my friend had no choice in doing, is no different from any regular sale I guess in the eyes of the IRS, whether my friend came up on top or lost on it.