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Monday, November 14, 2011 12:49:17 AM
http://www.irs.gov/publications/p550/ch04.html
It's long. You will have to just go through it and figure out what applies to you. I do remember some of this stuff in tax class.
Hopefully some of the example can be a benefit to you.
I thought the "worthless security" section was interesting. I just glanced through it. Never was taught that one in school.
If things really go bad for this stock, maybe it could be defined as a "worthless security"? I don't know. Hopefully we don't have to figure that one out.
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