GE reverse stock split messed up

Michael Tissington
Michael Tissington Quicken Mac Subscription Member ✭✭
in Investing (Mac)
After the reverse stock split with GE - transactions downloaded from Ameritrade.

Quicken has lost any cost basis (now reporting as zero) and Gain/Loss = Market Value
It does have the correct number of shares.

How can I fix this?

Answers

  • Frankx
    Frankx Quicken Windows Subscription SuperUser ✭✭✭✭✭
    Hi @Michael Tissington

    The stock split was a 1 for 8 split on 8/2/21.  Does that show up as a transaction in your Quicken Ameritrade account?  Was it recorded as shown below?


    If not, you should delete whatever "split entry" was made and manually make the entry shown above.  Also, you may have to adjust for any fractional shares, which would be a separate transaction which should also be a download from your brokerage account.

    Let me know if you have any followup questions.

    Frankx

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  • Lyn Buddenhagen
    Lyn Buddenhagen Member ✭✭
    It didn't help - did not capture my tax lot information and the cost basis of the new "Reg Shs" shows as zero.
  • Patrick Flaherty
    Patrick Flaherty Member ✭✭✭
    edited September 2021
    [Removed - Duplicate]
This discussion has been closed.

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