It took less than a minute to find an answer to your question. GOOGLE is your friend. http://thelawdictionary.org/article/how-do-you-report-capital-loss-on-stocks-from-companies-that-went-bankrupt-and-went-away-like-enron/ Just the same I would check with the IRS. Probably take just a few minutes longer to confirm the correct answer to your question.