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Strategies & Market Trends : Active Internet Traders - tax questions & answers -- Ignore unavailable to you. Want to Upgrade?


To: Billy Shoemake who wrote (25)3/6/1999 10:44:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 31
 
Billy, If the stock is worthless you take a tax loss in the year it became worthless.

Just because trading was halted or that the stock does not trade does not mean there's no value.

Colin