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1099-B resulting from Distribution Spinoff - How to report in Turbotax? (seems to be Constellation Energy (CEG) spinoff from Exelon (EXC))
I received a 1099-B.
I imported from my brokerage firm into Turbotax.
1. Firstly Turbotax description says ".667 sh of 21037T109 CONSTELLATION ENERGY CORP COM". But my 1099-B says .667sh with $31.79 of proceeds sold on 2/7/2022, but NO cost basis and NO date acquired.
Is it 1 share or .667 (I assume since it is just the description, it does not matter if I leave it as "1sh" (instead of .667sh)?
2.
a) How do I report the cost basis?
b) And what is the date acquired (2/1/2022 perhaps????)
in MY case (seen the below extract from my brokerage account with details that may help?)
c) In the Summary section of my statement it shows as type B or E (basis not reported to IRS). So I assume it should be reported in Turbotax as type B short term not covered?
Thanks in advance!
All transactions for this tax lot are shown below.
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Recent CEG transactions |
Date Transaction Qty Cost adjust. Cumulativeshares Cumulativecost
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