How do I deduct my loss for stock purchased when a company files for bankruptcy and stock is worth zero?

How do I deduct my loss for stock purchased when a company files for bankruptcy and stock is worth zero?

I purchased stock during 2010 in a company. Prior to the end of the year the company went bankrupt and the stock is worthless. How do I deduct this loss off of my taxes? Can I still deduct the loss if I can't itemize?

 

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How Much Is Insurance For a 16 Year Old Girl?

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How do I deduct my loss for stock purchased when a company files for bankruptcy and stock is worth zero?

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I have looked around various places and saw from a few thousand p/a to 10, 000 p/a (yes, ten thousand pounds!!). I am booking my driving test very soon and will be buying a small, cheap car such as a 2000 VOLKSWAGEN POLO 1.0 E 5DR or a KA or Fiesta. Approximitely, how much should I expect to be paying.

 

 

Is auto insurance always required in California?

I remember hearing that if you had enough money set aside in an account, you wouldn't have to pay for car insurance. Perhaps the minimum coverages for all the various types of accidents, which would sum up to somewhere around $50,000. Is this actually a possibility?

 

 

Car insurance question for military...?

We are in the military so the rules are a little different for us. For example, even though we just moved to TX, we can renew our tags in NC where we just came from... we don't have to change them to TX. We are going to renew our tags in NC which means our car will still be registered in NC... and we still have NC car insurance. If we get in an accident here, will having insurance in NC be a problem? Everything is registered in NC so we want to keep our NC insurance... or do we have to switch to TX?

 

 

How much does insurance cost?

in california? my mother is on a stupid hmo, i was wonderingif i paid for a better insurance if it would get better.

 

 

Insurance and garages?

if your buying a car from a garage will they ask for proof of insurance bought before they let u drive it away or are they not bothered? ive arranged insurance online today and am picking up car later will they let me drive off with car if i say i booked it over the phone, obviosuly i dont have any paperwork as its coming through post?

 

 

Is affordable life insurance possible for someone over 70?

Please answer...

 

 

What is an affordable health insurance for a 61 year old woman?

my mother needs a new helath insurance plan. any suggestions?

 

 

How much should we ask the insurance company for when settling a car accident claim?

My boyfriend was recently in an accident. His chiropractor told him that when settling his claim, he should ask for three times the amount of all his total expenses. My aunt was also told the same thing by her doctor. I was wondering if anyone knew if this was a law or something?

 

 

Do you have health insurance?

if so, how much is it per month? how old are you? what kind of deducatbale do you have? feel free to answer also if you do not have insurance? also, do you support obamacare?

 

 

What's the cheapest way of getting hire car insurance?

I don't really want to pay $25 a day for insurance excess reduction!!

 

 

Will Getting a license in a different state lower car insurance?

If you originally have a drivers license in one state, and move to a different state and get a drivers license there, can it lower your car insurance. I've heard from some people that it can because when you apply for car insurance they won't see any tickets you may have had originally, but I've also heard that no matter what they can see your driving history.

 

 

Should I get liability or full coverage on my car?

I have a 2002 Pontiac Grand Prix SE with 157,000 on it. I did the KBB value and got $3400 for private party and $2200 for trade in but I'm not sure how accurate that is or how much I'd get from insurance in the case of a collision. I paid $4200 for it in 2009 when it was marked at $6200. Of course, I don't owe anything on it. I've been on my mom's car insurance (I'm 21) up until now but I recently moved out and need to get my own policy. Unfortunately, I don't have the greatest driving record; I had a rough first year of driving in 2007/2008 and I'm still paying for it. I've been paying $180/month for full coverage with Allstate. I got quotes from other companies and I found one (AIA, a local insurance company) that offered me liability insurance for $100 down and $100 a month for 10 months. The next lowest I found was $145/month with Progressive. With AIA, I can get full coverage for $222 down and $190 a month. I haven't had an accident since 2008, and I'm confident about my driving skills, but I don't want to screw myself over. I don't have $3400, or even $2200, to buy a new car if something happened to this one. However, my car is 9 years old, so I don't know if it's even worth it. What should I do?

 

 

What is the best cheap car insurance for a 19 year old?

need cheap good car insurance

 

 

What are the best life insurances for under $50 a month for family?

I am looking to get life insurance for my family since I am newly married this plays an important role. Does anyone know any affordable life insurances for families? Ive searched and haven't found any. I live in the little rock Arkansas area.

 

 

Car insurance price ?

- so ill be 18 next sateday; im on my grandmas insurance now. i plan on getting my own car & my own insurance in 2 or 3 months. i have already had two wrecks ; how much will my insurance be ? & yes i'm a female

 

 

What are some cars that look good and are cheap?

Well it's time i can almost actually get a car and drive... I'm a teen so obviously my first car can't be to expensive.. i'm looking for any cars that look good and hopefully people can tell me some that would look good.. i know i shouldn't care as much about looks but basically i'm trying to find a used car around 100,000 miles maybe a little more or less for under $6000... i can't get a real expensive car because of insurance i'll have to start off on basic so i'm wondering if there are any nice looking cars that are cheap... I had in mind an eclipse or something but i'm really not sure if i want something like that but thanks...

 

 

How do you get insurance on a scooter you don't know the make/model of?

I bought a scooter off of Craigslist, no title, just bill of sale. I want to get the title for it, but my state requires you to first have insurance on the bike/scooter before you can register it. I have no idea of the make or model, I know it's a 49cc and it is Chinese made. I checked the VIN and it is not stolen but does not give any other information on it. How do I go about doing this? Can I use a cheap insurance company like The General or something? Also, I am located in Colorado but I think it's pretty standard around the country of the same process. I'm looking to register it in my name, get the title and get a Low Power Scooter sticker for it. 10 points to the best answer!

 

 

What are the best options for low cost family health insurance in CA?

Hi, I live in CA and had health insurance through COBRA after I lost my job. It recently got canceled because of a payment mix up. What are some options for health insurance at a low cost? I'm not familiar with the new health care reforms so I'm not sure what my options are. I have a family of 5. Thanks so much!

 

How do I deduct my loss for stock purchased when a company files for bankruptcy and stock is worth zero?

I purchased stock during 2010 in a company. Prior to the end of the year the company went bankrupt and the stock is worthless. How do I deduct this loss off of my taxes? Can I still deduct the loss if I can't itemize?

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