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M
m990834
February 25, 2025
Question

Where do I report capital losses from a C corp that has dissolved?

  • February 25, 2025
  • 1 reply
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Where do I report capital losses from a C corp that has dissolved?

    1 reply

    M
    Mike9241
    February 25, 2025

    there can be an issue. it depends on whether the stock you hold in the C-corp is section 1244 stock because it allows an ordinary loss deduction of up to $50K ($100K if filing a joint return) rather than a capital loss

    Code section 1244

    https://www.law.cornell.edu/uscode/text/26/1244 

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