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Re: Zorax post# 128385

Wednesday, 10/18/2017 10:47:11 AM

Wednesday, October 18, 2017 10:47:11 AM

Post# of 220974
If these "listed security held in you...account" are worthless or revoked, they do not want to hold them in your account any further. Nobody will take them, you need to take physical delivery and call it a day. You are going to have to write them off.

https://www.irs.gov/faqs/capital-gains-losses-and-sale-of-home/losses-homes-stocks-other-property/losses-homes-stocks-other-property-1

There are a couple ways to take the capital loss.

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