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Computers, Phones & Internet / Mastering Quicken

URL:  http://boards.fool.com/just-to-clarify-does-quicken-2002-or-money-2002-16300158.aspx

Subject:  Re: spinoff BMY/ZIM Date:  12/17/2001  5:18 PM
Author:  kmueslix Number:  2356 of 10968

Just to clarify, does Quicken 2002 or Money 2002 process the date of spin-off correctly ? As you are well aware, it does the math correctly but the date should be the original buy date instead of the spin-off date, since the IRS considers the original buy date of the parent stock, as the purchase date of the spin-off stock. The spin-off date is totally irrelevant.
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