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