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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks
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To: Skeeter Bug who wrote (12580)2/10/1998 1:02:00 AM
From: J. W. Kennedy  Read Replies (1) of 13351
 
Question. Should I take my deduction for worthless stock (sexi) for 1997 or 1998. It depends on when the stock was worthless. 1997 or 1998? You have to take the deduction for the year that it was worthless and you can't carry it over. If you miss it you will have to file an amended return for that year. Comments. Thank you
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