Okay thanks I will dig up the the document. It was the merger of Fmc Technologies with Technip but I just thought it'd be easier to give a generic example.
In any case, what choice would I have other than to have sold the shares prior to the merger? Either way I would be dealing with capital gains proceeds that I was not planning on dealing with at this time. I understand eventually I would have to pay tax on these gains but I'm being forced to do this now when I could have waited for later in life when I'm in a lower tax bracket and capital gains would be lower. The part that is rather crazy is that I don't have a choice here.
The other thing I was trying to figure out is if this is all taxable income for this year or if it can be amortized over time but it doesn't look that way.
