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Get your taxes done using TurboTax
@TKwan , agreeing with your other comments / explanation of the situation. Just note that even if the sale resulted in a loss per US tax laws, you still have to recognize the sale and report on form 8949. It will show up a Long-Term Realized Loss on form 1040. Generally it may affect your tax liability ( depending on exact facts and circumstances).
Is there more I can do for you ?
pk
‎August 5, 2024
12:30 PM