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Re: I-Man post# 20

Wednesday, 07/07/2021 5:28:52 PM

Wednesday, July 07, 2021 5:28:52 PM

Post# of 57
Just received a 990-T form saying $44k taxes owed because I owned shares in 2020. TD Ameritrade said the company probably sold assets to restructure from bankruptcy and we the shareholders are liable for the taxes on those sales. I lost $1800 already when the shares were scrapped. So total loss and no shares or "ownership" but somehow we can lose even more $ than the original investment. Anyone else getting notices about taxes liket his ?