JRG99
New Member

Worthless stock question incorect on 1099b

Hello,

      My broker generated a 1099b for me showing my worthless stock with no zero sold amount. I started purchasing this stock in June of 2023 and at the end of 2023, it was still actively trading. The company folded and went bankrupt in Oct of 2024. A total loss of $9k. I made stock purchases starting from June 2023, until March of 2024. It went to zero due to bankruptcy in Oct 2024.  Will I be able to include the larger purchases in my worthless stock tax deduction from June 2023 to Dec 31st, 2023 ? That time frame was the bulk of the $9k.

 

Thanks