bobby46
Returning Member

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This question is unrelated. I had a loss on the MLP EQM. It got shut down and converted into ETRN. What would be the sale proceeds for this MLP? Will that be the last traded price on the last day of its existence multiplied by the number of shares? The brokerage 1099 B on that MLP information seems inaccurate and way higher than what would the number be if the share price of the MLP on its last traded day was used to calculate the sales proceeds.  The 1099 B form from the brokerage also says that its an uncovered security.

Will reporting a loss this way with EQM  affect the loss in the future from ETRN  ( its a corporation and not an MLP) coz ETRN is also underwater.