Replies to post #4710 on Younger America Inc. (fka YNGR)

[ok husband]

i would NEVER give a broker my shares, and if the stock came back to life after writing them off you haVE THEM to sell and make it 100% gain and a zero basis. if there is no bid you can write them off imo.

[ok husband]

i would NEVER give a broker my shares, and if the stock came back to life after writing them off you haVE THEM to sell and make it 100% gain and a zero basis. if there is no bid you can write them off imo. you explain that the shares are worthless because they have no recognizable bid or zero bid and therefore you are writing them off. as long as you don't lie you are safe. if the bid comes back and you sell you show the no basis b/c you already wrote them off .completely legal... there is no reason to give your shares to a broker. ridiculous !!

[ok husband]

"I know yeah, That's BS!" And SERIOUS BS if you made $10K on one stock but lost $10K on another or did so in one single stock too. because the feds will see you as profitable for $7K and you get the luxury of paying unearned taxes for that $7k! but that's the rule. "

if you lose 100k on one stock and gain 50k on another you pay no tax . what you are saying is not reality. now on earned income you can write $3k off your earned active income from your passive unearned losses. passive gains and losses are cancelled from each other on a par level ...learn how to read please. i hope you don't do your own taxes.

[americano]

Can we junk this yngr from an account this trash is getting well be nice to clear it and take the loss less taxes. thanks in advance

[americano]

how to go about taking a loss on this yngr broker wont take it