topic Can someone please help w/ determining the cost basis for Hewlett Packard Enterprise spinoff of DXC fractional shares and what to input into the TurboTax boxes? in Investors & landlords

Can someone please help w/ determining the cost basis for Hewlett Packard Enterprise spinoff of DXC fractional shares and what to input into the TurboTax boxes?

azmom12345 — Mon, 03 Jun 2019 20:23:34 GMT

I received $35.43 cash in lieu of DXC fractional shares. I received a 1099B form with the following info: 1B date acquired - blank; 1C date sold - 3/31/17; quantity sold 0.509; 1D proceeds - $35.43; 1E cost or other basis - blank. I have hundreds of HPE shares purchased over many years in different allotments (employee stock purchase). Is this considered short-term or long-term? And what should I put into the TT cost basis box - is it based on the HPE stock price or the DXC stock price? Or could I just add the $35.43 to misc income and not add it under the 1099B section? Thank you!

THE AVERAGE PERSON HAS NO IDEA WHAT YOUR QUESTION IS ABOU...

rozsam — Mon, 03 Jun 2019 20:23:36 GMT

THE AVERAGE PERSON HAS NO IDEA WHAT YOUR QUESTION IS ABOUT. I CAN'T ANSWER YOU OR GIVE YOU A PROPER ANSWER.

Please reference this site (http://www.hpalumni.org/stock">http://www.hpalumni.org/stock</a>) to get information about the cost basis/tax impact of the various HP company splits. Much time and effort have been put in by ex-HP'ers to provide spreadsheets and examples...with the caveat, of course, to use at your own risk.

Thank you!

azmom12345 — Mon, 03 Jun 2019 20:23:41 GMT

Thank you!