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Company I had stocks in went bankrupt but restructured
I was heavily invested in DNR when they went into Chapter 11 last year. The nullified their common stocks. (-54,000 shares) Then they replaced them with 140 warrents for the restructured DEN (DNRRW).
Do I get to write off that loss? Then if I sell my warrents, then claim those as gains?
or
Do I have to sell the warrents to declare the loss?
Either way, I havn't gotten anything denoting the loss, it is only marked on my investment returns as a "non; reportable action"
How do I file that?
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‎April 10, 2021
1:30 AM