Question

Should I amend my federal tax refund to include my stock option losses for the year of 2024?

Forum|Forum|1 year ago
March 29, 2025
1 reply
0 views

I gained about $8000 in stock options in the 2024 bull run but I became ill and did not wake up for market open three days in a row effectively losing the entirety of the money.

T

ThomasM125

I think you mean you were up $8,000 on your investment but failed to close the transaction in time to realize your gains. If so, you can't deduct a loss since it was not realized. You can only deduct the amount of money you invested if you lost that permanently.

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