Originated From
AOL Search

K Mart Common Stock

How can I take a capital gain loss on my K Mart common stock which is still in my broker account. The stock is worthless but my broker says it hasn't been declared worthless so they cannot dispose from my account?

Liked this question? Tell your friends about it

Answers

If the account is an IRA ( or Roth) you are stuck.  I don't know about other type of investment accounts.

Be The First To Answer

Other people asked questions on various topics, and are still waiting for answer. Would be great if you can take a sec and answer them

Ask a Question... We'll forward it to people who know

More Questions

Is there a country without a Wal-Marts?

There may be two or three, but Wal-Mart is worldwide and constantly expanding.

What happens when preferred shares are converted to common share stock

The text book says: Preferred shares are usually purchased with intent to provide a constant stream of return. They are a hybrid of common shares and bonds. They generally pay a fixed dividend, owners do not have voting rights in the company, dividends from taxable corporations are eligible for ...

Stock prices

Stock market is basically a equity market or we can say that its an public entity for the trading of the company stock.Its also a loose network or a transaction not a discrete entity.