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Capitol Losses

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bb2658

Guest
What is the name of your state? Texas

I had stock options with the company that I just retired from. I had 90 days to exercise the options or lose them. Of course the market never rebounded and the options never made it back to the buy price. Can I deduct the loss from my taxes? and if I can, to what point - just the difference or the whole amount?
 


L

loku

Guest
If you paid anything for the options or if you had to report the receipt of them as income, then you have a capital loss equal to your cost or the amount you reported as income.
 

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