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Get your taxes done using TurboTax
I have the same problem and the same stock. Zacks says "If you trade old shares for new through a merger or acquisition, the IRS does not look on the event as a taxable transaction...Your original investment has not been disposed of, as far as tax liability is concerned, and no capital gain or loss has to be reported." But I have also read that if there's an amount in 1099-B box 1d, it has to be reported as income. I would like an answer to this also.
‎June 3, 2019
1:29 PM