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

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#2422
haroldml
Participant

Thanks to all. I looked at my basis calculations for the Honeywell/Allied Signal merger in 1999 I think it was & confirmed that I have several lots of the shares of the new Honeywell International company. (The original Honeywell shares were acquired in the late 1970s as I think that I mentioned previously.) So, since I’m concerned about using Various for the Date Acquired for the cash in lieu of fractional shares, I’m just going to use the short-term version. It didn’t change the tax calculation. I don’t think that it’s worth taking a chance that I’d receive a letter from the IRS.

Thanks again,

Harold