Hi there! First time posting here so I apologize if this is the wrong place/flair.
The question is fairly simple but searching the internet didn't really clarify much for me.
If I own RSU stock in a company for less than 1 year when it's sold to another company do I still owe capital gains taxes on stock sold due to a buyout?
Maybe I am completely misunderstanding how stocks are handled at time of acquisition but it seems strange that capital gains taxes would apply to a company buyout, especially RSU shares, given I have no control over both receiving the RSUs or the buyout.
Thanks!
Leave a Reply