Share |
LEN V asked:

My stockbroker sold 800 shares of RD (Royal Dutch) in Dec of 05, it was reported to the IRS in the Transaction Column as a Sale Due To Merger.on my 1099, It came to roughly $49,200. 28 days later in 2006 he reinvested and, bought 400 shares of the new Royal Dutch – A (merged stock) about $24,000 and, the rest of the money he threw into a Rochester Mutual Find. I had no knowledge of the transaction. i inheretied this stock in 1999 at the time the 800 shares were worth $38,400. The big trick question ……Was this the right thing to do by the stockbroker and, how in the hell would I figure out what I owe the IRS on this ??

New Site