Ask TaxMama.Com
Tax Information With A Mother's Touch

Published by Eva Rosenberg, MBA, EA
Volume 3      Issue 105       March 23, 2001
Home Subscribe Questions Contact Us

This Week's Issue
» The Job Costs Us
» Not At Home
   With Office In Home
» Cussing Custody Issue
» Lost Money
» Got Lost In The Mail
» Starving Writer
» I Auto
   Depreciate My Car
IRS News
» Prepare Your Own
   Extensions By Phone
Money Funnies
» Two Tough Questions
Investment Secrets
Tootin` Her Own Horn
Free Workshops
Previous Issues
Our Privacy Policy

Click Here to find out

E-Mail 
This Page To A Friend
Your email:
Your name:
TO email:
Lost Money


From: Charlotte, N.C.

Dear TaxMama,

How do you claim a loss with a cash investment?

Ray
TaxMama Replies
Dear Ray,

I guess it depends on what the money was invested in?

stock or securities
partnerships
a business
a patent
an idea
....?

Look at Part 3 and Part 5 of Publication 17

This may give you some help.

On the chance that you are talking about stock losses? Use Schedule D to report the sales proceeds (if any) and your cost.

Best wishes,
Eva Rosenberg
Click Here for TaxMama's Honor System
Because We Care

Hi! Support TaxMama Pets and Seniors
Click to Pay
Amazon Honor System
Learn More

Print a printer friendly version of this issue


Library of Congress - 
ISSN 1532-0790
Copyright © 2000-2003 -
Eva Rosenberg
Subscribe | Ask TaxMama ~ Send Her Your Questions | Site Search
Home | This Week's Issue | Articles by TaxMama | For Tax Pros
Investment Secrets | IRS News | Smart Tax Moves | Critical Dates
Using Money Wisely | Money Funnies & Inspiration | Because We Care
About TaxMama | Our Privacy Policy | Legalese and Disclaimer |
Serenata Design
Certain graphics on this site were created especially for TaxMama by Serenata of Serenata Design. Site design & maintenance by Serenata Design.