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Delisted stock - how to claim capital loss?

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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2 Replies

Delisted stock - how to claim capital loss?

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:

Delisted stock - how to claim capital loss?

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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