USA Capital loss on investment

Joined
Feb 28, 2012
Messages
1
Reaction score
1
Client invested 25k in 2008. He received about 12k in dividends up to May 2011. The investor stopped paying and calls to their office went unanswered, the office was boarded up and the two crooks left the country. I want to take the full loss on their tax return on Sch D for 2011, since he will never see any money again. Please confrim, thank you
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,631
Messages
27,576
Members
21,374
Latest member
Imtiyaz12

Latest Threads

Top