Cryptocurrency Q&A
How do I claim loss on a delisted stock?
How do I claim loss on a delisted stock?
CryptoPioneer
Sun Nov 10 2024
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5 answers
1146
I have some stocks that were delisted from the exchange and I want to know how to claim the loss on them. What steps should I take to report this loss in my investments?
5 answers
CrystalPulse
Tue Nov 12 2024
To ascertain the nature of a capital loss, it is crucial to establish the holding period.
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Daniela
Tue Nov 12 2024
This period helps in distinguishing whether the loss is short-term or long-term.
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benjamin_stokes_astronomer
Tue Nov 12 2024
A short-term capital loss occurs when the holding period is one year or less.
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Rosalia
Mon Nov 11 2024
Conversely, a long-term capital loss arises when the holding period exceeds one year.
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Claudio
Mon Nov 11 2024
In the case of losses stemming from worthless securities, these must be reported on Schedule D of Form 1041.
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