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October 10, 2024
Question

Stock Invstments go to zero in prior year

  • October 10, 2024
  • 1 reply
  • 0 views

Looked in my on line brokerage and discovered two stocks, held long term, went to zero in 2023.

They were not included in my brokerages year end statement so I did not know until now (Oct 2024).

Do I have to submit an amended return for 2023, Or can I report the zero values on 2024 Tax return?

Thank you,

    1 reply

    M-MTax
    October 10, 2024

    Brokerage should be reporting them to you as worthless.