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Venture capital investment tax credit. Can I claim a $5k as an investment loss for 2017 for company that filed bankruptcy after they disappeared without notice?
I invested $5000 in NICO WORLWIDE five years ago. The company didn't keep shareholders informed, then vacated their office without notice and disappeared. I few months ago I received a letter that they filed bankruptcy and all of shareholders are SOL. The primary player left town and fell off the planet. Can I claim that as an investment loss for 2017 and where would I enter that? Thank you
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‎June 6, 2019
7:10 AM