A stock which was written off as worthless in 2015 has actually gained in value. Should an ammended return be filed for 2015 removing the original writeoff?
Announcements
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
A stock which was written off as worthless in 2015 has actually gained in value. Should an ammended return be filed for 2015 removing the original writeoff?
A stock which was written off as worthless in 2015 has actually gained in value. Should an ammended return be filed for 2015 removing the original writeoff?
No, don't do that. When you sell them just be sure to enter a cost basis of zero since you've already deducted the original cost.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.