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Subject:
Item Title:
Writing Off Worthless Stock Investments
Summary:
When it comes to stock losses,
"worthless" can be in the eye of the beholder. An investment may have all the earmarks of being without value, but in order to claim a loss, you have to view the situation through the eyes of a very particular beholder...the IRS. It may feel like you have to look into a crystal ball. For details of how to claim a tax loss for worthless stocks, click "Full Article."
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