turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

sharvs
Returning Member

Previously purchased ISO options to zero - loss?

Hi,

 

Quick question on if I am able to somehow report this is a loss and deduct it from my taxable income?

 

Over the past several years, I have exercised many ISO stock options for my startup company. The company was acquired, but not for enough $$, so the value of my shares went to zero.

 

Is there any way to report the $$ spent on the options as a loss?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question