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How to write-off options that are 0 in market value (and non-marketable) | How to write-off options that are 0 in market value (and non-marketable) |
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Hi, I have some call options that I paid quite some $ for and now are 0 in market value. The options will expire in January 2008. They are no longer marketable at 0 value, and I no longer expect the price to go back up at all. Is there anyway that I can write off the loss in year 2007? Thanks, Read Entire Article |
While nobody likes filing tax returns, most people are rewarded handsomely for their efforts: About 75% of taxpayers get a refund, according to the Internal Revenue Service. In 2005, the average refund rang in at more than $2,000, a nice chunk of change.
| AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday. | |
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