Ricco
Returning Member

Investors & landlords

But I did not actually purchase anything or sell anything, don't even have a cost basis since it was a Rights Offering that I didn't exercise. The whole thing doesn't make any sense to have to enter anything on a Tax form. Did further research on statements and just entered the date the offering entered on my statement as Acquired date (which came out as short term)  and entered "0.00" cost basis. Since I am not taking a loss I am guessing there should be no issue and the 1099B form should line up with IRS records at least.