c-b6m
New Member

Investors & landlords

Hi Tom,  thank you for responding.  The original stocks purchased in 2004 was Krispy Kreme (KKD) which merged with JAB Beech Inc. on 7/27/16 The proceed was $2,100, but cost basis was $3,895.95, resulting in a "loss" of $1,795.95.  Can I recognize this as a "loss" on my tax return?  If I can not recognize the loss, what do I need to report, if any, on my tax return? What do I need to do/show?