Recording Question on Nordstrom Stock
ssammwa
Quicken Windows Subscription Member
How do I record Nordstrom stock going private?
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Comments
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@ssammwa from what I understand Common shareholders will receive $24.25 in cash per share.
1. Record the Sale of Shares
- Go to your investment account where Nordstrom stock is held.
- Enter a Sell transaction for all your JWN shares.
- Use the sale price of $24.25 per share, which was the buyout amount.
- This will remove the shares and record the cash proceeds.
2. Account for Capital Gains or Losses
- Quicken will automatically calculate the gain/loss based on your original purchase price.
- Review the Capital Gains report to ensure it reflects the correct tax implications.
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Thank you.
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