Get
Answers

Finding answers to your tax questions is now less taxing.

Browse Tax Articles

H&R Block Tax Professionals relentlessly focus on making sure you profit from every deduction and credit available.

X

Fractional Shares

A company you invested in might send you a check instead of crediting a fractional share to your stock account. You might also receive a Form 1099-B at the end of the year with the description of “cash in lieu.” This is for the cash (the check) you received in lieu of receiving a fractional share.

There are different reporting rules depending on why you received the cash.

The company might have sent you cash in lieu of a fractional share after a stock split. Most corporations don’t issue fractional shares when they split a stock. They pay the shareholder cash for the fractional share, and the fractional share is considered sold. So, you’ll receive a 1099-B.

 

Look At Your Life Through Taxes

H&R Block Tax Professionals relentlessly focus on making sure you profit from every deduction and credit available.

Calculate Your Refund

H&R Block Tax Professionals relentlessly focus on making sure you profit from every deduction and credit available.

Get Answers To Your Tax Questions

H&R Block Tax Professionals relentlessly focus on making sure you profit from every deduction and credit available.

Read Our Blog

The latest news from the pros at H&R Block.

Take A Look
Read our blog

H&R Block Community

Looking at life through tax, join the conversation.

See More

Tax Videos

Visit our Youtube channel.

Watch Now
Offer Details and Disclosures