I’m not a tax advisor or financial advisor. I don’t give financial advise. I transferred 1 from fidelity and it cost nothing for the DRS transfer. I have also reversed a DRS for GME once back to Fidelity. This transfer also cost me nothing. The only taxable event is selling, short or long. Short is less than 1yr ownership and is taxed higher, long is more than 1yr ownership and is taxed lower.
I’m not a tax advisor or financial advisor. I don’t give financial advise. I transferred 1 from fidelity and it cost nothing for the DRS transfer. I have also reversed a DRS for GME once back to Fidelity. This transfer also cost me nothing. The only taxable event is selling, short or long. Short is less than 1yr ownership and is taxed higher, long is more than 1yr ownership and is taxed lower.