acounting for Verizon's history of spin offs


Joined
Mar 9, 2011
Messages
1
Reaction score
0
I have owned Verizon stock since 1984. During that time there have been a number of spin offs. Idearc (stock went into 401k and was sold and reinvested within 401k which no longer exists), Fairpoint (declared bankruptcy) and Frontier Communications (which I sold). I understand I need to enter the spin off information into Quicken. Given every spin off effects the cost basis of Verizon, do I really need to backtrack to include all three or can I just enter the Frontier Communications spin off so I can get a cost basis for the sale and a new cost basis for my remaining Verizon stock?
Thanks in advance for answering!
 
Ad

Advertisements

Joined
Mar 30, 2011
Messages
2
Reaction score
0
Suggest you go to the Verizon website--//investor.verizon.com take the selection shareowner info then cost basis worksheet and complete the worksheet for each grouping of shares purchased to determine the cost basis of your Frontier Communication shares.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

Verizon spin-off 2
Cost allocation for Frontier Communications spin-off from Verizon 4
Spin Off 1
Spin Offs 1
Spin Off 7
spin off 19
Stock Spin Off 1
Stock Spin-off 3

Top