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1099-B Merger - Unclear how to report
My 1099-B has 1 transactions that I do not know how to enter
In the "Additional Information" section this transaction states - MERGER
Transactions
- Box 1a - Infrastructure and Energy Alternative Inc Comm stock
- Quantity Sold - 52
- Date Acquired - N/A
- Date Sold or Disposed (Box 1c) - 10/11/2022
- Proceeds/Reported to IRS (Box 1d) - $546.00
- Cost or Other Basis - N/A
- Accrued Market Discount - N/A
- Wash Sale Loss Disallowed - N/A
- Gain/Loss Amount - N/A
- Box 6: Gross Proceeds
- Box 5 Box Checked (Noncovered Security)
- Box 12: Basis Not Reported to the IRS
- Box 2: Type of Gain or Loss - Short Term or Long Term
I found details of when I first purchased this transaction on my account which highlights the following:
- Date Acquired: 2/8/21
Quantity: 52 - Cost: $19.2983
- Date Sold: 10/10/2022
- Price: 13.7603
- Gain $: -287.98
My account has multiple Transactions associated with Reorg
10/11/2022:
- Type: Reorganziation
- Date posted 10/11/2022
- Amount: $38.00
- Description: INFRASTRUCTURE AND ENERGY ALTERNATIVES INC COMMON STOCK MANDATORY REORG FEE CHARGED
10/11/2022
- Type: Reorganziation
- Date posted 10/11/2022
- Amount: $546.00
- Description: INFRASTRUCTURE AND ENERGY ALTERNATIVES INC COMMON STOCK CASH $10.50 & STOCK 0.0483
10/11/2022
- Type: Reorganziation
- Date posted 10/11/2022
- Amount: $0.00
- Description: MASTEC INC CASH $10.50 & STOCK 0.0483 SHRS RECEIVED THRU MERGER
10/11/2022
- Type: Reorganziation
- Date posted 10/11/2022
- Amount: $0.00
- Description: MASTEC INC CASH $10.50 & STOCK 0.0483 SHRS RECEIVED THRU MERGER
10/11/2022
- Type: Reorganziation
- Date posted 10/12/2022
- Amount: $38.00
- Description: REORG FEE REVERSAL
10/14/2022 – This transaction is listed on my 1099-B with all details to enter it and in the additional comment it states CASH IN LIEU
- Type: Reorganziation
- Date posted 10/14/2022
- Amount: $33.25
- Description: MASTEC INC CIL ON 0.51160@ 64.99981
I would appreciate some help on how to actually capture this transactions as part of my 1099-B or if there is another form I need to complete this information on.
Topics:
February 19, 2023
1:26 PM