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Strategies & Market Trends : IRS, Tax related strategies--Traders
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To: Colin Cody who wrote (1201)9/21/2000 3:09:09 PM
From: Manny  Read Replies (1) of 1383
 
Thanks. I am a permanent resident of US, not a citizen
though. Been here 10 years and I file my taxes here.
Last year I made some big investemnt in a startup overseas
and it went bust. So, are you telling me I can claim
it as loss on Sch D? Any idea where I can find more info?
It was legit investment for profit venture. What kind
of documentation is required to claim losses? Do I need
copies of my checks, share certificates, etc?

PM me if you wish.
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