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Deductions & credits
If you still own the securities received (or still owned them as of 12/31/2019) you can't deduct any loss as it pertains to those.
You can treat the cash received as the "sales proceeds" for your original 226 shares and take that loss now. Then, the shares you own will have a basis of zero when you sell those (meaning you may recognize some capital gain).
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‎July 8, 2020
1:08 PM