@Rick19744 My AABA cash distribution situation is even wackier. I was granted 10 shares of GeoCities stock as part of their "stock incentive plan" at their IPO in 1998 (as a long-time volunteer community leader; I was never an employee). I never sold, and over the years the shares converted to YHOO and finally 6 shares of AABA. I never paid anything for the stock. Is my cost basis $0, since I invested nothing? Is all of that cash distribution then counted as capital gains? Would I report the combined amount of the 2019 original distribution and the 2020 final distribution as investment income on this year's form?
