How do I report a loss due to reverse stock split that has not been reported to IRS, and hence not on form 1099-B?
I received cash in lieu for the fractional shares, and now I have no shares left.
011506
1 Replies
TomYoung
Level 13
Jun 1, 2019 12:18:18 PM
You report it as a sale of stock with the cash in lieu being the "proceeds" of that sale. If you really didn't get a 1099-B then use the "Stocks, Mutual Funds, Bonds, Other" interview and tell TurboTax that no 1099-B was received.