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Brucebannerr

12/27/19 11:12 AM

#96088 RE: LETSWIN2020 #96087

When your broker gets through laughing let us know what he said . Even on the gray market the shares need a transfer agent. Since nobody holds the paper certificates any more your 1 penny dream is just that .

dragon52

12/27/19 12:13 PM

#96091 RE: LETSWIN2020 #96087

I am not a tax counselor or financial advisor but

been doing this for years... lol

Normally you cannot take a loss if you did not sell what you bought...

it will have to show up as a loss. The taxable deduction is only $3000.00 Total for all your losses less gains. Let's say that you claim $10,000.00 loss, it will take 4 years to write it off at $3000.00 total a year. If you gained more than zero, that would count as a gain and is taxable.

Please consult your tax advisor.