woerden
Returning Member

1099-B for REIT merger.

In 2012, I started investing in a REIT with two separate purchases and dividend reinvestment.  In October of 2019, the REIT merged with a new REIT.  I received new shares in the new REIT plus they paid $1 for each old share.  I received a 1099-B for the merger.  On the 1099-B it lists under 1a Cash Merger Consideration under Transaction.  1e (Cost or other basis) is left blank.  (5) Non-covered security is YES.  Notation indicates cost basis method not reported to IRS.  How do I determine Cost or other basis for this transaction?