I own a bunch of EA stock and as most know they are being acquired and going private. This sale is set to go through in the next 60-90 days. My shares will be liquidated and I will be hit with alot of capital gains taxes, most long term gains but a fair amount of short term too.
With this being a forced situation is there anything that can be don’t to avoid or minimize these tax implications.
Posted by Radiant-Shine-8575
2 Comments
very little
there is a really awful (IMHO) way to defer these taxes – a Qualified Opportunity Fund, but you have to be willing to watch it all melt away if the investment goes south.
Be happy, pay your taxes, move on.
serves you right for owning such a terrible company that hasn’t produced a decent sports title in years lol