I owned shares of stck A, that was acquired by company stock B.
I received my 1099B. It shows...
Cash in Lieu (no question here as it was for fractional shares)
It showed short-term transactions of stock A - as if stock A was sold and had cash proceeds.
It also showed long-term transactions of stock A - again as if stock A was sold and had cash proceeds.
Actual situation was I ended up with cash in lieu (~$5) and mostly stock in company B. How t do I handle this in turbo tax, as, aside from "cash in lieu", the rest is not taxable?
