If you do the sell/rebuy at the date of each return of capital, that could mess up long term versus short term capital gains.
On Sun, May 31, 2026 at 2:37 PM Sherlock <[email protected]> wrote: > Hi Fred, > > The approach we use it to enter a transaction selling each lot's shares > at their current cost basis, purchasing the same number of shares of > each lot at their new cost basis, and recording the amount of capital > returned to an income account for the security. We use a separate > transaction from the income account for the security to the account that > receives the return of capital. > > Regards, > > Sherlock > > > On 5/30/26 7:30 PM, Fred Tydeman wrote: > > I have a stock that has had a few Return of Capital transactions. > > They have been recorded as sell of zero shares at zero price for the > > Return of Capital dollar amount. > > > > When I look at the Advanced Portfolio report for that stock, > > the Basis price is the original purchase amount. I am expecting that > > the Basis price to be original purchase amount - (sum of Return of > Capital). > > > > Did I record Return of Capital wrong? > > Is there a bug in the Advanced Portfolio? > > > > Is there a better way to find the basis of a stock? > > > > GnuCash 5.14 on Fedora Linux 44 > > _______________________________________________ > gnucash-user mailing list > [email protected] > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. > _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
