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Hertz Warrant Short of Long Term Gain?
I bought 100 shares of Hertz HTZ on 6/19/2020. They ended up filing for bankruptcy and then emerged on 6/30/2021. My 100 shares of HTZ were then converted over to 9 shares of Hertz HTZZ and 65 shares of Hertz Warrant HTZZW on 7/2/2021. I sold the 65 shares of Hertz Warrant HTZWW on 3/23/2022. Would this sale be considered short or long term? My 1099-B from Ally shows it as short term with $0 cost basis. However in Ally Maxit Tax Manager for Prior Year Realized Gain Loss it shows it as long term with a cost basis.
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‎February 13, 2023
7:29 PM