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boop1936
New Member

My 1099-B lists a cost basis of one of the funds as N/A. There is no way to enter this. It is cash/lieu. Shall I just list the Proceeds and balance it out?

 
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MargaretL
Expert Alumni

My 1099-B lists a cost basis of one of the funds as N/A. There is no way to enter this. It is cash/lieu. Shall I just list the Proceeds and balance it out?

You should enter "zero" as your cost basis - Cash in lieu transactions occur when there is a merger or acquisition that results in partial shares that are paid in cash. You may allocate the cost to the partial share, but for practicality reasons it'll be easier to just enter "zero". 

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2 Replies
MargaretL
Expert Alumni

My 1099-B lists a cost basis of one of the funds as N/A. There is no way to enter this. It is cash/lieu. Shall I just list the Proceeds and balance it out?

You should enter "zero" as your cost basis - Cash in lieu transactions occur when there is a merger or acquisition that results in partial shares that are paid in cash. You may allocate the cost to the partial share, but for practicality reasons it'll be easier to just enter "zero". 

My 1099-B lists a cost basis of one of the funds as N/A. There is no way to enter this. It is cash/lieu. Shall I just list the Proceeds and balance it out?

What if the date acquired is also N/A?

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