The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/i-had-a-couple-of-mergers-last-year-visio-merged-14408485.aspx

Subject:  Re: Completing Schedule D for Merger Date:  2/23/2001  1:18 AM
Author:  billmeister Number:  47019 of 118626
I had a couple of mergers last year (Visio merged with Microsoft, Homegrocer merged with Webvan).

I purchased 25 shares of Visio on 3/24/99 (total came out to $671.10). The stock was converted to Microsoft on 1/11/00 (11.25 shares).

I purchased 50 shares of Homegrocer on 5/15/00 (total came out to $304.85). The stock was converted to Webvan on 9/7/00 (53.8025 shares).

For the fractional share of Microsoft, I came up with:

$671.10
-------- = $59.65 per share basis in new stock
11.25

$59.65 X 11 = $656.19

$671.10 - $656.19 = $14.91

For Webvan:

$304.85
------- = $5.67 per share basis
53.8025

$5.67 X 53 = $300.30

$304.85 - $300.30 = $4.55

Are these calculations correct?

Also, the 1099-B statement listed the gross proceeds for Microsoft as $26.48 and Webvan as $3.18. Would I use these to determine what goes on schedule D? If so, how?

-- LB
Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us