I bought a stock on 3/14/17. They were bought out in January. All cash. I received a tender offer e-mail from Fidelity early today. The expiration date is 3/1/18. That leads me to believe the closing date is 3/2/18. Anything I can do to minimize STCG taxes? Anyway for me to delay getting cash?
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Tax Professional Answers
John Stancil
Unfortunately not. This is a transaction over which you have no control. It will be a ST gain or loss.
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322 weeks ago