Delisted stock - how to claim capital loss?

[Tahoe_NV]

If stocks are delisted and brokerage account doesn't hold that delisted stock, How can I claim capital loss for that? 

[Mike9241]

Technically the IRS requires that a stock be totally worthless before you are entitled to a deduction. Some delisted stocks still trade in other markets which means they're not totally worthless as the iRs requires.

Markets where the stock may still trade

Marketplaces: OTC Markets Group operates three regulated main marketplaces for trading OTC stocks:

• OTCQX: The highest tier with stringent financial standards and regulatory oversight.
• OTCQB: A middle tier with less strict requirements.
• Pink Market: The most speculative and loosely regulated tier for trading OTC stock

[Tahoe_NV]

Thank you for your reply.

Currently, I don't hold delisted stock because delisted stock was removed in my brokerage account already. So I cannot sell it even at $0. I would like to sell it at $0 if I can.

In this case, how can I claim total loss for that?