ZNGA and TTWO merger with stock + cash
The 1099-B I received does not have cost basis and i am not sure which way is accurate
a. Received 1652 shared of zynga on 4/15 with FMV of 8.94 = $14768.88
b. 493 stocks were sold off for tax with net loss of -$24.70
c. For 1159 stocks of zynga, I received $4056.50 in cash + 47 stocks of TTWO + $6.59 cash in lieu of fractional shares. TTWO are priced at $116.12 based on this filing
e. Sold 45 stocks of TTWO on 06/17
Based on the results of costbasistool, The cost basis for TTWO stock should be $133
f. Total cost basis of Zynga stock = 1159*8.94 = $10,361.46
g. Cash to boot received = $3.5*1159 = $4,056.50
h. Mkt Value of 47.0554 shares of TTWO = $5,464.07
i. Total economic value received = $9,520.57 (g+h)
j. Gain or Loss = -$840.89 (f-i)
k. Net cost basis for 47 shares of TTWO = $6,304.96 (h+j)(absolutes)
Based on above scenario, I made 3 entries in TT with a net loss of -434.33
Q1: Is the cost basis accurate for all?
Q2: TT computes the RSU amount to be added in wages is $21,066.42 however only $14,768.88 is included in W2. How to fix/update this?
