@Jackie334 In your scenario it is gains but cash is not cash for everyone depending on their cost basis in this deal or anyone reading this, it does depend on your cost basis per share to determine if there is a gain. If you want help in the basis of your new shares....
https://ttlc.intuit.com/replies/7296848
**I don't work for TT. Just trying to help. All the best.
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**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
