The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/airtouchvod-merger-11952920.aspx

Subject:  AIRTOUCH/VOD MERGER Date:  2/8/2000  11:14 PM
Author:  aerbus97 Number:  27977 of 121477

We owned 200 shares of AIRTOUCH and receive shares of VOD and $9.00 cash a share or $1,800. We received a 1099B tax form for the $1,800.

Do we just pay tax on this cash or is there some cost basis to reduce this amount? Does the old cost basis for the AIRTOUCH/VOD shares remain unchanged.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us