proof-log
PROOF LOG #011 Solventum Spin-Off Basis and Holding Period | 3M to SOLV A 3M / Solventum spin-off can create a new ticker without creating a new tax lot. Continuity Rule New Ticker ≠ New Tax Lot A spin-off can create a new security symbol without resetting the tax origin. FDL Registry of
proof-log
PROOF LOG #010 GE Spin-Off Cost Basis and Holding Period | GE, GEHC, GEV A reverse split and dual spin-off did not erase history. The 1099-B did. GE was not a ticker change. It was a structural event chain. FDL does not guess the aftermath. It restores the original record. EXECUTIVE
proof-log
PROOF LOG #009 Realty Income Return of Capital Basis Reduction | 10-Year O When broker average cost says $52.24 but the 10-year corrected basis is $45.55. Broker Summary $52.24 The average cost summary does not show 10 years of ROC erosion. Tax Alpha Dashboard $6,690.70 ROC
proof-log
Audit Log #008 The 717-Day Time Heist: DFS/COF Fractional Recovery BROKER RESET 2025-05-19 SHORT-TERM (37%) FDL RESTORED 2023-06-02 LONG-TERM (20%) A merger is not a reset; it is a transformation. Yet, brokers routinely erase your 717-day ancestry, converting a tax-free reorganization into a short-term liability. WATCH: RECLAIMING THE DNA
proof-log
PROOF LOG #007 RSU 1099-B Basis $0 | W-2 Basis Already Taxed When 1099-B says zero and payroll says $7,205 was already taxed. 1099-B Record Basis: $0.00 The broker record does not show the W-2 basis. Payroll / W-2 Record $7,205 Taxed The RSU income was already included in
proof-log
PROOF LOG #006 Kenvue Holding Period After JNJ Split-Off | Did It Reset? When a new ticker appears, the inherited JNJ holding period must stay intact. Broker View Reset KVUE can look like a fresh post-exchange lot if the continuity is not reconstructed. FDL View Inherited Term FDL Pro makes the
proof-log
Audit Log #005 The NVDA Hallucination: Recovering the Missing 0.877 "YOUR CLIENT SEES +763%. YOU SEE A POTENTIAL 1099-B HALLUCINATION." *Exhibit A: The $NVDA 10:1 Split and the systemic disappearance of fractional cost basis. The 0.877 Fragment Heist When NVIDIA executed its 10:1 split,
proof-log
PROOF LOG #004 TSLA Wash Sale Code W | FIFO vs Specific ID When default FIFO creates a Code W path, but documented lot choice keeps the high-basis lot open. Broker FIFO / Tax Report Code W Default FIFO consumed the October lot and put the December sale on a wash-sale path.
proof-log
Audit Log #003 The Sovereign Choice (Specific ID): Beyond Integrity FROM SHIELD TO SWORD. The Broker-Default Garbage In Audit Logs #001 and #002, we established a fortress of Integrity. But the elite practitioner demands more: the ability to transform accuracy into client alpha. Brokerage reporting is often "Bulk Garbage.
proof-log
Audit Log #002 The 19-Month DNA Reclamation AI GUESSES, FDL RECONSTRUCTS. The Memory Wipe When VMware was absorbed by Broadcom, millions of holding periods were erased. While the world focused on the $61B price tag, Sophisticated Tax Professionals faced a silent catastrophe: Mixed Consideration. Brokers reset the acquisition clock to
proof-log
PROOF LOG #001 ACATS Cost Basis Transfer: Tax Lot Carryover Defense When the account moves, the tax-lot path still needs to remain reviewable. Original Lot Record 100 TSLA 2023-02-01 $20,000 Basis The original purchase remains the source of truth for the final sale. Transfer-In Record 2025-01-15 Basis: $0 The