I reviewed my historical cost tracking and discovered that I had accounted for the Baxalta / Shire merger as non-taxable exchange, rather than correctly as a taxable exchange. Correcting that, my numbers also match the original Schwab 1099. Somehow I wonder if Schwab incorrectly assumed non-taxable Baxalta exchange as well?
So I agree, you are correct.
I have not heard back from Schwab yet on the issue but I expect the account team to call back eventually.
