Capital Loss ????

  1. 36 Posts.
    I have had shares that I paid $1.00 for that are now .02. Can I sell them and get the $70 that they are now worth and claim the the loss of $2898 on my tax as a loss. and then just buy $70 of them at the price they are now........
    I'm thinking this will help me for any gains I will make in the future off other stocks??????
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.