My 1099-B has a UNDETERMINED TERM TRANSACTIONS FOR NONCOVERED TAX LOT wiith a Date Sold entered and Quantity entered but the Net Proceeds is “0.00", and Date Acquired is “N/A”. The only other entry is with Additional Information as “Merger”. How would this be entered into TurboTax as the need date for Date Acquired cannot be “N/A”?
I don't know of any merger for the company but only a Rights Offering that ended several weeks before the time frame of the Date Sold shown on the form. The entry descripton shows “RIGHTS/CUSIP...” with the Company name. The quanity shown is my original QTY and I did not purchase any additional shares during the Rights Offering.
