Stock deemed worthless

[faezandyc]

I use Ameritrade and last January they "Deemed worthless" my shares of Idearc (a spinoff from Verizon).

So my Ameritrade statements no longer track Idearc since it has zero value.

Is there a particular identifier in Fund Manager that deals with this?

Or do I simply show the daily price as zero?

Andy

[Mark]

Hi Andy,

I assume you want to realize a loss on these shares? I'd suggest recording a sell of all the share at a cost of $0.