I'm not sure how to record in Quick H&B 2007 R5 a non-taxable exchange of some shares of a mutual from one class to another. After holding class B shares for the required time, they converted to class A shares. Downloading directly from the FI (UBS) did not record the change, but instead triggered the placeholder message, which I canceled.
Neither corporate acquisition nor spin-off seem to apply here. Corporate
name change won't work because it's only some of the shares. Adding and
removing shares seems to lose the cost basis history. Buying and selling,
even making the total dollar amounts equal, also seems to lose cost basis
history and creates capital gains and losses.
I'd didn't find anything in the Quicken help. Still searching the Quicken
user forum with no success so far.
I'd appreciate any useful suggestions.
I used to be indecisive. Now I'm not sure.
- posted 12 years ago