TomOM
New Member

Hpe spinoff realized gain

Can 1099-B be correct showing a spin-off from HPE to Seattle Spin Co of 2,123 shares with a proceeds of about $8500 and a cost basis of only $12.77 with a realized gain of nearly the same $8500 since at the end of the transaction I seem to have had no more in my brokerage account than I started with?