Sunday, January 03, 2016 11:18:20 AM
They'll trade (buy) your position for one penny!
thereby, you've "traded" (sold) your block of shares!
The "penny" that you were "paid" in exchange, is to be subtracted from the opening value of this position and the results is what you'd then claim on your taxes!
oh yeah, '+' commissions! '+' whatever other fees you'll likely be charged for processing the "worthless Share clause!"
millions of players forget to "ADD" these fees to their "Tax Loss Claims", leaving tens of millions of unclaimed tax dollars to forever linger in limbo!
The Tax-loss-claim will offset taxes owed and thereby increases your over tax refund!
In understanding the Risks!, I don’t mind losing in stocks that died TRYING, but I DO mind losing in stocks that died LYING!
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM