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  • Re: I got cash + stock in Co B in exchange for stock in Co A. I think I owe tax only on the cash? 1099-B proceeds=cash+stock and no basis. Do I manipulate basis so gain=cash
sterlinghts043
sterlinghts043
Level 2
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Get your taxes done using TurboTax

i got 5mil cash plus stock of 1 mil in purchaser. is my reportable proceeds, subject to tax 6 mil ?

‎June 15, 2023 7:49 AM
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