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When can I take capital gains loss for a worthless security?
I have bought stocks and bonds issued by companies that have gone into bankruptcy. Some of the bonds were turned into stock, or had new bonds that were issued. Others have become worthless. However, Fidelity still shows the worthless investments (as shown on the screen shot; the columns are "Last Price, Today's Gain/Loss, Total Gain/Loss; Current Value; Quantity; Cost Basis.)
When can I take the tax deduction?
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‎June 4, 2019
2:38 PM