Thanks.
I dont think I asked the question correctly. I received $17k as part of a merger. This cash was in addition to the 1:1 stock transfer to the new company.
I received a 1099b form for the $17k and box 1a says zero shares sold because I have not sold any of my shares. The cost basis is blank. Proceeds is listed as $17k.
Do I just report the $17k from the 1099b and set the cost basis to 0?
