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Re: huskydawg9 post# 37204

Thursday, 04/05/2018 9:02:34 AM

Thursday, April 05, 2018 9:02:34 AM

Post# of 38056
When a taxpayer claims a worthless stock deduction the tax law grants a taxpayer a seven-year statute of limitations period (Source: Internal Revenue Code Section 6511(d)(1)) -- instead of the normal three years -- to claim a worthless stock loss.

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