tlinstrom
Returning Member

Cost Basis on an award from a merger settlement.

So I imported my brokerage account into TurboTax last night.  It said it needed the cost basis for a sale.  I looked at the Form 8949, but I dont have enough information on how to calculate it.  Basically it was a automatically purchased on the same date, with a sales amount of $1,333.  In the description is says "0.10 STARZ    XXXMandatory Merger   Eff: 12/09/16"

 

This was due to a settlement to the investors claiming the acquisition price of the purchasing company was undervalued.