Google Stock Split April 2014

Question

I am running Win 10 and Quicken 2020 Premier.  I never have properly recorded the stock split that occurred in April 2014 when I received equal shares of Googl & Goog.  I now have 60 shares of each stock. Since this is not a normal stock split how do I record in Quicken?

Tom Young · Answer

Although the From 8937 for the event - https://abc.xyz/investor/static/pdf/2014_form8937.pdf?cache=2812619 - describes it as a stock dividend, it's clear the normal "stock split" rules apply as Google has allocated original cost between the Class A and Class C shares as 49.92% of original basis is allocated the GOOG and 50.08% to GOOGL.You should be able to simply use the "Stock Split" action with a 1 for 1 split and a price for GOOGL of $171.50 and a GOOG price of $569.74.