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New Member
posted Jun 6, 2019 5:17:45 AM

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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1 Best answer
Expert Alumni
Jun 6, 2019 5:17:46 AM

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". 

2 Replies
Expert Alumni
Jun 6, 2019 5:17:46 AM

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". 

New Member
Mar 16, 2023 2:16:03 PM

What if the date acquired is also N/A?