InvestorsHub Logo
icon url

TheRealMrPirate

05/18/22 8:44 AM

#127173 RE: JamStar #127171

The brokers never told you that, you're lying.
You can claim a tax loss in any year, whether you keep the shares in your account has no bearing on a tax claim.
icon url

Real McCoy

05/18/22 8:54 AM

#127177 RE: JamStar #127171

The shares just sit there is the process. There is no one to cancel them. It has been mentioned here that your broker may ask you to pay to keep them there, but no one on this forum has either seen this happen or will admit it.

I have no idea why anyone would think you have to forfeit shares to take a tax loss. Its just a position you take with the IRS. They aren't gonna come and check my home office on my deduction there, either. And if you don't want the 3k in write-offs? Then fine, who cares?

Can I just ask - what will it take for you to actually look into this? The other FKAs where the same thing happens and people hope for years and years. In all seriousness, if I said 4 years ago that the judge, Monitor, Company, Buyer, will all said the same thing about the outcome, you would have said yeah if thats the case its over. But now they have said that, and you seem to be saying you are "waiting" for them to change their minds.

I promise you that if the shares vanished from your accounts you would still be saying you are "waiting" because they may return or be exchanged or whatever. It has been completely dead, with no one there, for 4 years.