Can I deduct stock losses?

[mepurk]

We had an initial investment of $12,500 on real estate holding shares, but they were liquidated for much less.  Can we deduct this loss?

[Marketstar]

Yes, and you can do so in the below area:

• Type in investment sales in the search box, top right of your screen, then click the magnifying glass

• Click the jump to investment sales link in the search results

• Follow to prompts and online instructions