# Reply To: 1099-B for partial shares from Honeywell Spin-off

Home Fairmark Forum Taxation of Investments 1099-B for partial shares from Honeywell Spin-off Reply To: 1099-B for partial shares from Honeywell Spin-off

#2405
Kaye Thomas
Moderator

Unless I had reason to believe the basis was high enough to produce a valuable capital loss, which seems unlikely, I would report zero basis rather than go through the brain damage of trying to work out a precise answer that might save me a dollar or two. IRS will never object to zero basis.