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Hello all,

I have two similar situations:

1. Vignette merged into Open Text.
- I received a payout for the number of shares I had, which showed up as a long-term gain on 1099-B.
- I received 5 shares of Open Text and the value of the stock on the day of the merger also showed up as a long-term gain on 1099-B.
- Cash in lieu for fractional shares of Open Text was listed under short-term gain on 1099-B.
- I still hold the Open Text shares.

2. Wendy's spun off Tim Horton's and then Tim Horton's had a reorganization which led to it becoming a Canadian company which became a taxable event. This shows up on 1099-B.
-I still hold both Wendys and TH shares.

How do I account for these in terms of taxes and cost basis?

Thank you for your help!
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