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Investors & landlords
Thanks for the reply! Unfortunately I'm still a little confused. I'm not sure how to calculate the $ allocated to all MF stock. I had 428 shares of HPE stock as of 9/1, the distribution date. Using the ratios (1:1) Seattle Spinco and (1:0.137326) MicroFocus, resulted in 58.775 MF shares or 58 total shares and .775 fractional shares. Is the calculation for the cost basis
((58.775 x $31.536 [price used to get $24.44 proceeds]) / 58.775) x .775 = $24.44, which is the proceeds showing in Box 1D of the 1099B?
((58.775 x $31.536 [price used to get $24.44 proceeds]) / 58.775) x .775 = $24.44, which is the proceeds showing in Box 1D of the 1099B?
‎June 1, 2019
6:49 AM