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Employee
March 16, 2024
Question

how to write-off a worthless ETF in tax return filing?

  • March 16, 2024
  • 1 reply
  • 0 views

Seeking expert's input... I had some VanEck Russia ETF (RSX). It became "un-tradeable". Can I write-it-off in tax return filing since it's considered worthless? How can I go about doing it in TuboTax 2023 program? Thanks in advance for your inputs.

    1 reply

    LindaS5247
    March 18, 2024

    Please clarify your question by adding some additional information so we can provide a more helpful answer.   It appears that this may be a liquidating distribution.  Please see this link, click here, regarding VanEck Russia ETF (RSX). Have you received a Form 1099-DIV with respect to this stock?

     

     

    Please feel free to come back to TurboTax Community with additional information or questions or click here for help in contacting Turbo Tax Support. 

     

    [Edited 03/19/24|11:47 AM PST] @E11_2 

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    E11_2Author
    Employee
    March 19, 2024

    Thank you for your help in this regard!