Spin offs - Tyco and Kraft (added twist: 2 accounts involved)

[Q2012D, Vista Ultimate] Have read numerous threads on stock spin offs (including spin-offs and spinoffs) but find myself in areas not covered. My wife and I each have IRA accounts with the same Kraft and Tyco stocks. Recently Kraft spun off Kraft Foods Group and renamed itself Mondelez. Tyco spun off ADT and Pentair.
When I use the Corporate spin off wizard in one account, I am unable to repeat same action in 2nd account bacause New Company, was established in 1st account action. I can't imagine there is no better way than to fudge a spin off rate that generates the sum total of new shares needed, then transfer shares to 2nd account. Cost basis would be misstated, I think, and, also, what's left behind?
Should I just manually use Return of Capital action and Buy of new stock for same amount? What else?
Our FI resolves by simply using Added shares, plus using misc entry on the sale of fractional shares.
Any suggestions would be appreciated. I have restored a backup, accepted and reconciled other downloaded transactions. but have left the spin off related actions as just downloaded. I am also holding my breath in hopes that help will arrive soon...
Thanks
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On Sunday, October 7, 2012 10:17:21 AM UTC-5, Al wrote:

The way around that issue is to spinoff to a second new company (Kraft 2) in the second account, then locate and edit the generated transactions for Kraft 2 and change the Kraft 2 security to the Kraft Food Groups security (the security created bt the first spinoff through the first account).
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On Sunday, October 7, 2012 12:15:35 PM UTC-4, Tod wrote:

Beautiful! Thanks, Tod.
Now, if I recall correctly, Qkn would throw activity back to when each lot was purchased, thereby dealing in stock months/years before it came into existence, and altering history. On my first Spin off wizard foray - before recovery - that's just what happened. Not holding breath that Intuit has changed spin off processing in 2013.
Only thing left to find out is the spinning companie's cost basis detailed statements for the events, whenever they release those data. Until hen downloads will remain in limbo.
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On Sunday, October 7, 2012 2:11:07 PM UTC-4, Al wrote:

Set Out Below is an edited excerpt of a 2007 exchange I participated in back when Kraft was spun off from Altria. At the time, whatever Quicken version I was using dealt with stocks in IRA accounts differently than stocks in plain vanilla brokerage accounts. The "fudge factor" was needed to correct the reports. I looked this up as I need to use it again to resolve this latest spin off.



As an old Quicken user, and follower of this group, this issue comes up constantly. Think AT&T.
Quicken's share for share acquisition has the identical issue, which I have found works much better for corporate name changes, such as Philip Morris becoming Altria Group back in 2003. (If you use "corporate name change, it changes (or did in Q2004) the name all the way back. But I like my reports to show Philip Morris through 2003, and then Altria. Doing a 1 share for 1 share acquisition transaction preserves the basis, and name change date.

Altria posted a Shareholder Tax Basis information sheet today. They used closing prices on 4/2 for FMV. I'm not sure I agree, but its not worth the headache of ever having to deal with the issue.
With the information sheet in hand, I tried the Quicken Spin Off transaction method, and it generated a Kraft acquisition date that was the same as my old Philip Morris purchase date. I don't recall when PM purchased Kraft, but Philip Morris (as it then was) sold off 11% of the Kraft stock in June 2001. SEE KRAFT 10-K: Thus, the Quicken method will generate incorrect reports during the 2001-2007 period.
As an alternative, I tried the Quicken Return of Capital transaction to reduce my Altria basis, and the Add Shares transaction which let's me include both my allocable Kraft basis (which is the same as my Altria return of capital) and assign my PM acquisition date to the Kraft shares. This has the advantage of accurate rerports of my holdings or net worth. It also has the DISadvantage of including the Return of Capital as cash in the account. A Miscellaneous Expense for "Fudge Factor" takes care of that.
It isn't pretty. But I think it works. (And if it doesn't, I look forward for your always elegant explanation). Next, i need to deal with my fractional share cash-out, and then on to my 401(k) where I've used its dividend reinvestment option.
ONE LAST POINT -- the folks who provide the stock quotes to Quicken have edited all of last weeks quotes to reflect the WI (when issued) quotes. I was expecting the Friday 3/30/07 quote to get changed, but they changed the entire week !! I only discovered this because I dated my transaction as Saturday 3/31/07, and needed to erase the bogus 3/31/07 stock price value.
Keep up the great explanations.
John Pollard Post reply4/5/07
Other recipients: dllapides wrote:

You don't need the extra MiscExp transaction; just modify the Return of Capital transaction to "transfer" the cash back into the investment account itself.
-- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup
me (dave change) Post reply4/5/07
Other recipients:

John-- Your suggestion worked for my Altria holdings held in my plain vanilla brokerage account.
But the "Return of Capital -- Transfer" transaction is NOT available for IRA accounts. (I also hold Altria in an IRA rollover account from an old 401(k).)
But the "Cash Withdrawal" transaction allows a transfer to itself ("WithdrwX") and eliminates the cash balance created from my Return of Capital. I get to use Fudge after all. <grin>
-dllapides
John Pollard Post reply4/7/07
Other recipients: dllapides wrote:

You're so right; I hadn't really thought about that, though I knew it was possible to hold stocks in retirement accounts. Interestingly, if you had left the Quicken account type as 401k (which I'm not recommending), you would have been able to transfer the Return of Capital back into the 401k account.
I'm not sure what Intuit's reasoning is in preventing some IRA account transactions from having their normal transfer ability, while allowing others to function normally. Transfers into and out of IRA accounts do have potentially special considerations, but so do other tax-deferred accounts: I can't see the reasoning behind the current Quicken policy.
-- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup
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On Sunday, October 7, 2012 6:22:51 PM UTC-4, dave wrote:

THANK YOU VRY MUCH !!!! (Not flaming. On the contrary, expressing elation.)
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