HPE spun off "Seattle SpinCo" which then merged with Micro Focus (MFGP) on 1 Sept 2017. The 8937 from HPE says "US shareholders will be required to recognized gain (but not loss) on the exchange" of these shares. We've figured out the amount of our gain by comparing our cost basis to the FMV of the shares we received.
The 1099-B from our broker for 2017 shows the sale of a partial share of MFGP resulting from the spin-merge but no other mention of the spin-merge. We will enter this as a sale of the partial share.
How do we enter the gain from the exchange of the full shares into TurboTax?
