Skip to main content
June 4, 2019
Solved

My stock portfolio shows a loss can i deduct the loss, this was not a sale. it was only on stock price drop.

  • June 4, 2019
  • 1 reply
  • 0 views
No text available
Best answer by Rocket J Squirrel

A paper loss is not deductible. You can only deduct a “realized” loss, which means you sold a security for less than you paid for it.

1 reply

Rocket J Squirrel
Employee
June 4, 2019

A paper loss is not deductible. You can only deduct a “realized” loss, which means you sold a security for less than you paid for it.