Thanks a lot for your response John. That's very helpful.
I would like to file electronically so I will have to report it as foreign dividends. Since I didn't get a T5, should I report it under "Foreign income or foreign property"-> "Income from foreign dividends" on ufile?
And, my understanding is, if I reported the spin-off as foreign dividend, I will no longer need to adjust the cost base on my IBM and KYNDRYL shares when I sell them is that right?
Thanks again!