Hi,

Last year NOV performed a spinoff of DNOW on 6/2. We also
received cash in lieu of half a share in the amount of
$16.51. According to the 1099 from TD Ameritrade, the cost
basis was $15.81. I noticed that this transaction was not
automatically imported. What should be done to account for
this?

Thanks,

Andrew

Dear Andrew, Cash in lieu is the amount you received for the sale of the fractional share you received in the spinoff. You should enter it as a sale of the fractional share for $16.51. Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! www.facebook.com/bivio Follow us on twitter! www.twitter.com/bivio Follow Us on Google+ Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe

On Tue, Feb 24, 2015 at 8:55 PM, Andrew Lue via bivio.com <user*29176000001@bivio.com> wrote:

Hi,

Last year NOV performed a spinoff of DNOW on 6/2. We also
received cash in lieu of half a share in the amount of
$16.51. According to the 1099 from TD Ameritrade, the cost
basis was $15.81. I noticed that this transaction was not
automatically imported. What should be done to account for
this?

Thanks,

Andrew

Laurie, How do you record the 'exchange' from Medtronics (MDT) Inc to Medtronics PLC?

Thanks, Betty (WOW Investment Club)

On Tue, Feb 24, 2015 at 8:07 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:

Dear Andrew, Cash in lieu is the amount you received for the sale of the fractional share you received in the spinoff. You should enter it as a sale of the fractional share for $16.51. Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! www.facebook.com/bivio Follow us on twitter! www.twitter.com/bivio Follow Us on Google+ Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe

On Tue, Feb 24, 2015 at 8:55 PM, Andrew Lue via bivio.com <user*29176000001@bivio.com> wrote:

Hi,

Last year NOV performed a spinoff of DNOW on 6/2. We also
received cash in lieu of half a share in the amount of
$16.51. According to the 1099 from TD Ameritrade, the cost
basis was $15.81. I noticed that this transaction was not
automatically imported. What should be done to account for
this?

Thanks,

Andrew

I have the same question as Betty, how to make the entry for
the Medtronic exchange. Thank you.