You will enter the full realized loss of $45,086 rather than the $3,000 limitation limit shown on your Form 1040. The IRS wants to see the actual loss amount you recognized from the foreign asset. This amount will show on Schedule D, line 15 and this the amount that the IRS is looking for. It's not concerned about the $3000 loss limitation amount reported on your tax return.
Be sure to enter this amount with a minus in front to indicate this was a loss.
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