The "Learn more" link by the question "How did you receive this investment?" on the "Review <name-of-brokerage> sale" shows "Return of capital for fractional shares or cash in lieu" & explains when to use it, which is my exact situation, but the drop down does not list it as an option. Is this a bug & will it be fixed?
In case it is not going to be addressed in time for Apr-15, here a little background. This event was in result of the acquisition of Vmware by Broadcom, with Vmware shares coming from the 2021 spinoff from Dell, with original Dell RSUs. I entered "Stock (non-employee)" for type of investment and "I putrchased it" for how I received it; I used 11/24/2023 for the date acquired (1b on my 1099-B) and 11/27/2023 for date sold or disposed (1c on my 1099-B)--just following instructions in TT to match the 1099-B exactly.
But my statement has a page with "SUPPLEMENTAL INFORMATION", where each lot has an acquisition date corresponding to the original Dell RSU vesting events, all earlier than a year prior. I therefore checked "I need to correct the holding period reported on my 1099-B", which updated holding period to "Long-term (Box E)". Does that all sound kosher?
Also, "SUPPLEMENTAL INFORMATION" lists all the lots as RSUs--should I use that instead of "Stock (non-employee)"? My reasoning was that I never received Vmware RSUs and assumed the classification did not carry through the spin-off, by which time my Dell positions were all actual shares. Sounds correct?
