U.S. resident here .....

I have a significant amount of shares in an IRA, assuming NOTHING matters whether cash is infused on the sale of RVX stock, or stock is converted to "BP" stock at a gain in that account ... until I remove cash from that acccount, typical retirement "qualified" account status. No tax till cash comes out.

For my "non-qualified" brokerage account, I believe a stock swap means nothing, even with significant gains on the basis, I believe those would be "unrealized" gains until liquidated, but if I sell them then they are "realized" capital gains? Likewise, if I receive cash equavalents for RVX stock sold as part of a deal that sends cash my way into that account in exchange for the RVX stock, then I believe that may be a taxable event in that account for realized gains within the account in that tax year whether I remove the cash or not? ... any U.S. based peeps with clearer knowledge?

Hoping that this is indeed a "problem" to worry about lol, and in that case I will be ALL OVER my accountant, of course, ... I'm just also thinking in advance.

Again, cart before horse, hoping it even matters ... great convo guys/gals, thanks!

tick tock

gltALL