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Does anyone know how to report the money received in lieu of
taking stock as a Met Life policy holder? I did not get a 1099 form.
Is it a short or long gain?

I don't have personal knowledge on this, but from what I've seen,
your acquisition date is when you took out the policy, and your basis
is zero. For confirmation, contact the company.

Phil Marti
VITA Volunteer

That's right, Phil, it's in a brochure they sent us, but they sent so much that didn't say what everyone wanted to know we all got sick and tired of reading the junk (one set for each policy). It's the 5" X 8" booklet. ed
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