Pfizer (PFE) did a share spinoff into Viatris (VTRS) by joining Mylan with Pfizer’s Upjohn. I received a few shares, whole and fractional, and my brokerage sold the fractional. At tax time, my brokerage provided me with a .pdf which I loaded into Turbotax, but the .pdf did not provide the “cost basis” for the fractional 0.021 Viatris share sold and which I was credited for with $0.32. An error was detected and I was requested to add the missing information. How would I do that? As far as I understand, it goes something like this: When we say that…
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If you do your own taxes, that is. In 2019, I had the most irritating experience of getting a K-1 for taxes. Dealing with a K-1 was more complicated than the meager amount I received was worth, so I sensibly sold the 3 units (the equivalent of stocks) I owned after doing my 2019 taxes. Unfortunately, this meant that I had to deal with the sale of those shares in my 2020 taxes. I soon discovered that this was even more annoying than the previous year. Most of the information was simple enough to complete from the K-1 and my…