How should I handle a stock acquired by spinoff?

Marcus Wolschon Marcus at Wolschon.biz
Wed Jul 7 09:29:45 EDT 2010


On Wed, Jul 7, 2010 at 3:14 PM, John K. Taber <jktaber at charter.net> wrote:
> Verizon sold its wired communications to Frontier Communcations (FTR). As a
> result, suddenly as of 7/2 I own 94 shares of FTP.

1 transaction with 2 splits.
1 split in the currency WC with a quantity of -7/2
1 split in the currency FTR with a quantity of +94
don't care about the value, only the quantity.


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