I own BWA and received Phinia share as a result of the spinoff. I have no idea what to do with them. Should I just sell? Do I have to pay short-term capital gain tax if I sell them (I own BWA over one year)?
Thank you.
I own BWA and received Phinia share as a result of the spinoff. I have no idea what to do with them. Should I just sell? Do I have to pay short-term capital gain tax if I sell them (I own BWA over one year)?
Thank you.
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