Capital Gains report does not account for return of capital when calculating cost basis
When I enter corporate stock spinoffs into Quicken, they get recorded as a purchase of the new stock back-dated to the purchase date of the original stock, plus a return-of-capital for the original stock, equal in value to the cost basis of the new stock. Awkward, but workable and understandable.
The problem is that when I run a report on capital gains at tax time, the return-of-capital transaction is not used in calculating the current cost basis of the original stock. The original (real) purchase price of the stock is used as the cost basis, which results in an incorrect value for the capital gains, which is an error that I have to chase down and correct.This exact problem was reported 2 years ago, but it is still present in Quicken Premier 2016 R14.12.