Just in case you owned HP prior to 2015. In 2015 Split of HPQ and HPE 47.15% basis to HPQ and 52.85% basis to , HPE http://h30261.www3.hp.com/faq/separation-faqs.aspx
I just went through all the HPE spin offs for 2017
You can not have losses, they just reduce cost basis. A few Cash in Lieu (CIL) and a Seattle Co sale , you then increase your basis in the new company Micro Focus by the basis you had allocated to Seattle Class A plus the gain recognized.
Took me a while to figure it all out. Here are links to HPE basis allocations.
There were 2 spinoffs/reorganizations from HPE this year.
1. was 3/31 Everett distribution, merged to CSC, and CSC is surviving company: HPE 75.1% of basis, Everett 24.9% and you got .085904 shares of Everett for every HPE. You may have CIL, Ultimately Everett named DXC Technologies.
http://investors.hpe.com/~/media/Files/H/HP-Enterprise-IR/documents/everett-6045B-statement-form8937...
2. 9/1 distribution Seattle Class A, Micro Focus. HPE basis 77.92%, Seattle Co 22.08% got 1 for 1 and Seattle co gets sold recognize a gain, no losses. Allocate the Seattle Co basis plus the gain (plus the loss) to ultimate shares of MicroFocus .13732611 Micro Focus ADS for every Seattle co.
http://investors.hpe.com/~/media/Files/H/HP-Enterprise-IR/documents/seattle-6045b-statement-26092017...
If you want to post your math, I will review it but it takes a lot of time doing each allocation.
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