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jackcross18

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jackcross18

Re: jimthesaint post# 49189

Wednesday, 01/23/2019 5:44:56 PM

Wednesday, January 23, 2019 5:44:56 PM

Post# of 52074
Shares still had value in 2018. Actually sold some in December 31 2018 for tax loss.

Will not be worthless until delisted or there is no market. As of Dec 31 2018, there was a market for them, so technically you can not claim they were worthless in 2018 tax year...

Having said that I sold 100K shares and received a whole 7 dollars back. Not sure if IRS will haggle if you have 100K shares and claim on your return they had 0 value at end of 2018.
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