GM Stock And My Taxes

I searched around the internet today to see what I could find on the old GM stock. There is plenty out there to read. I had to keep checking the date on the articles because the early ones gave a glimmer of hope and the later ones pretty much gave up entirely. I learned that I should have sold it in December in order to take the loss on my taxes this time. I thought the stock just went away but no. It is being traded as MTLQQ and is worth 58 cents a share today.

I have 32 shares x .58 that's $18.56. What's the fee to sell? Probably $10 or $15. I'm not going to do it just yet. I'll wait until I am ready to sell my other stocks. I can't claim the loss until next years taxes anyway so there is no rush.

I also found a site trying to sell me a cost-basis calculator exclusively for GM stock. On sale for ONLY $70! I kept all of my stock summary letters so I think I can figure out how much I paid. I think I only bought it two times...maybe three.

And for those of you interested, I tried the Chocolate Cheerios today and they did remind me of little frosted donuts. They were sweeter than I expected. Not really something I would eat for breakfast regularly unless I liked a morning sugar-rush. Maybe I can mix them with plain Cheerios and tone them down a bit. I have to think of something, I have a whole box to eat.