You'll need to sign in or create an account to connect with an expert.
You certainly should report that.
You won't be able to deduct the loss this year but you want to report it so that when you do sell the investment you can recognize the loss at that time.
Tom Young
You certainly should report that.
You won't be able to deduct the loss this year but you want to report it so that when you do sell the investment you can recognize the loss at that time.
Tom Young
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
kyondacooper
New Member
arborcreek20
New Member
magellan0
Level 2
St0nemason
New Member
userraj-s-bedi
New Member
Did the information on this page answer your question?
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.