I'm confused and don't know exactly what to do. Taxes are due tomorrow so I would appreciate any response. I started with Company A on Feb of 2004 and I received stock options that would vest 25% every year. Company A was aquired by Company B on May of 2006. Company B did not have an ISO plan, so company A decided to vest all the remaining stock options and terminate the ISO plan by doing a same-day-sale of all the options and giving employees the profit. Now, I believe this is cosidered a short term capital gain because it is a same-day-sale. Unfortunatelly I didn't have a saying on this but that doesn't matter. Is there any way to put this as long term gain because the grant date was 2 years earlier? Is there anything special to keep in mind because the ISO plan was terminated? Again, any response would be greatly apreciated,
Thanks