Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Dec 10, 2020 12:53:58 PM

Can I write off a stock investment in 2020 for a stock that I bought several years ago for $5850 and is now worth $231?

0 2 689
2 Replies
Not applicable
Dec 10, 2020 12:55:13 PM

you must sell them to take the loss.

Level 15
Dec 10, 2020 1:06:22 PM

right now would be a good time to sell if you want the loss deduction on your tax return.