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-   -   How is the tax reported on a merger of 2 stocks when you receive cash (https://www.askmehelpdesk.com/showthread.php?t=650708)

  • Apr 13, 2012, 10:43 AM
    Jeg17
    How is the tax reported on a merger of 2 stocks when you receive cash
    Tax question for 2011 in regards to stock merger
  • Apr 14, 2012, 07:21 AM
    ebaines
    If it's cash in lieu of receiving a partial share in the newly merged company, then you treat it as if you sold that partial share, so you report a capitali gain or loss as appropriate depending on the cost basis. You should have received info regarding how your originalshares were to be converted, and an accounting of how it was done - do you have that?

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