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New Member
posted Oct 11, 2024 4:10:32 AM

How to report a 1099 gain due to a merger only, no stock sale

I received a 1099 from Etrade that shows a gain due a merger between OCDX and QDEL (2022).  There was no stock sale or financial gain. No cost basis given.   Do I simply report the gain and the cost basis as the same amount?

How would you show in Turbo tax that is was from a merger only (8949).

0 3 6038
3 Replies
Level 15
Oct 11, 2024 6:33:58 AM

New Member
Oct 11, 2024 6:49:39 AM

There is no cost basis.  Do I put in the same value?

Level 15
Oct 11, 2024 6:53:08 AM