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Returning Member
posted Mar 30, 2022 1:37:10 PM

Writing off a stock that has little or no value

What is the proper way to record the write off of a stock that has no market value any more?

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2 Replies
Expert Alumni
Mar 30, 2022 1:47:32 PM

Please read this Community answer by Tax Expert HelenC12 for instructions on how to write off worthless stocks.

Expert Alumni
Mar 30, 2022 1:47:51 PM

Please read this Community answer by Tax Expert HelenC12 for instructions on how to write off worthless stocks.