- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
@Mike9241 this is publicly owned stock so the sale of the fractional share was reported on 1099-B. Thanks for the tip. I do see now they ended up adjusting the cost basis of the original stock whereas the spin-off stock took the value of what the spin-off stock traded at the first day of trading after the spin-off. Not sure how they calculated it, but the total cost basis of the original and spin-off stock doesn't match how much the original stock was purchased for.
‎April 9, 2022
10:06 AM