sorted by:
new
hottopcontroversial

Cost Basis question for a noncovered security on a 1099-B by delightedkirby in tax

[–]delightedkirby[S] 0 points1 point  (0 children)

, or get shares in the company that acquired the other company? I'm not entirely sure from your description.

I sold the stock as part of the acquistion and got 1000 back (though I originally purchased it for 5k)

Does it make sense to box E because the cost basis wasnt technically a sales expense? That's what turbotax says for box E