How should I have reported the “cash in lieu” for fractional shares, which resulted from the PalmSource distribution, on my federal taxes?
Open For U.S. tax purposes, the cash in lieu should have been treated as a capital gain or loss depending on your cost basis. Your respective broker, or for registered shareholders, Computershare (formerly Equiserve) was responsible for recording this transaction for federal tax purposes. Please contact them with any related questions.
