I received a 1099-DIV with only block 9 filled out. What are they trying to tell me? I was gifted stock in the company in the Payee block. The company later decided to sell some of its holdings and gave me stock in another company. I traded in the old stock and received stock for the other company. I have not sold any stock. Is it possible that the 1099-DIV that I got is just a way for them to show the paper trail to the IRS? Do I keep it to show the cost basis of the new stock when I sell it? Thanks anyone.
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