emmanuelmashao5184 emmanuelmashao5184
  • 01-07-2021
  • Business
contestada

If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on the:

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nadramuhsin77
nadramuhsin77 nadramuhsin77
  • 01-07-2021

Answer:

If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on: The last day of the current taxable year.

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