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Deferred Compensation
I worked for a small startup. I received no salary for two years, but had deferred compensation in my agreement, plus shares of the company. The company is going bankrupt this year, and there will be no compensation paid. As an individual taxpayer who got stiffed, so to speak, do I have a deduction in there somewhere? The worthless stock would have no basis, so more concerned with the lack of salary and if that is a loss of some sort, or deduction, that I might take.
Regards, and thank you for your insight...
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May 7, 2023
3:37 PM