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

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#2408
haroldml
Participant

I hope you can help me with something else regarding these transactions. I think that since the Honeywell shares were held long-term that the TTax entry for those fractional shares should be long term, cost basis not known. However, since the date that the partial shares were acquired & sold are close to each other, the IRS might frown on entering this as a long term transaction. How should this be handled?

Thanks again,

Harold