c-b6m
New Member

Co. merged, I rec'd cash, but no stocks. 1099-B has "Loss not allowed(X), not reported(Z); Loss of $1K+ (Proceed(1d) vs Cost). Do I report as loss? How?

Under the "Additional Information" column, it has "Merger".  Since 1099-B column 7 is checked "Loss not allowed (x) also not reported (Z), what do I do about the loss of $1K+. Do I report it as a loss and if so how?