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To: Meme G. who wrote (11209)12/2/1998 4:39:00 PM
From: JoJo  Read Replies (1) | Respond to of 11684
 
My friend just sold his for tax purposes for a big whopping .015 but you have to go through a broker (cannot do it electronically). From what I understand from reading, you cannot claim it unless you sell it and can only claim $3,000 a year, which can be carried over the years indefinitely.

I'm publishing this on the thread because I'd like to be corrected if I'm wrong because we're all probably going to be faced with some tax decisions on this POS.

Ciao,
JoJo



To: Meme G. who wrote (11209)12/2/1998 8:46:00 PM
From: jhild  Read Replies (1) | Respond to of 11684
 
Meme G, I addressed this issue several weeks ago. I do not believe that you need to actually sell the stock. Certainly not if it costs more in commissions to do so than proceeds from the sale.

I would refer you to this post - #reply-6158199 - for a more complete explanation. Hope this helps.


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