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New Member
posted Feb 11, 2025 4:17:14 PM

Do I have to pay capital gains even though it was bought out and I still have the money in my robin hood account?

I was hoping I could pay capital gains when I purchase at a later date. I didn't want to sell my shares.

0 2 922
2 Replies
Expert Alumni
Feb 11, 2025 4:26:37 PM

No, you don't have to pay capital gains tax on an investment until you have sold it or it is reported as taxable in a Form 1099.

Level 15
Feb 11, 2025 9:18:11 PM

Or when  your shares are acquired.

 

@felixkelly