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| Use Schedule D. Put 34 shs AT&T wireless in box 8 (long term). Put date of purchase in (b) box, date of sale in (c) box (will be on the 1099B), $510 in (d) box and her basis (what she paid for the stocks) in the (e) box. (f) box will be the difference, which is probably a (loss). Carry this figure to line 15 and to 16 and to line 13 form 1040. Missy Doyle << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Daughter has 34 shares of AT&T Wireless which Cingular gave her $510 (34 shares times $15/shr) and a 1099B for Merger Consideration. She knows what she paid for AT&T Wireless so is it just a matter of reporting what she paid for AT&T Wireless in determining her profit or loss. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| 1099b, cingular, form, wireless |
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