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Personal Investments • Tax reporting for abandoned worthless stock?

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I had some shares in a company that went under, was delisted, and could not be sold through Vanguard. When I spoke to Vanguard, they said that I could fill out a form for "abandoning" the stock, which I did. However, it also says that doing this will not generate any tax forms or record of cost basis, etc.

These were shares that I had held for a long time in my taxable account; I do have the original cost basis recorded, so finding that is not an issue.

Given that, how do I (or can I) take a tax loss on these shares?

Statistics: Posted by sandramjet — Thu Feb 15, 2024 9:31 pm — Replies 4 — Views 242



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