Vmware stock to cash
Will this be considered capital gain or income. Asking because I would want to offset the gain with some other stock losses.
Google ABC-CEO Nov 29, 2023
Depends on when you acquired the stocks.
Amazon LongLonMan Nov 29, 2023
If it’s classified as RSU, then when you received the vest, you got taxed on your W2 as ordinary income. Any subsequent sell that has a gain/loss would be capital gains/loss; your vest price is your cost basis.
Aviatrix avtxboy OP Nov 29, 2023
Bought it when the acquisition was announced
Citibank StockPickr Nov 29, 2023
It doesn’t trade anymore
Not income Can be used to offset other losses