Capital Loss ????

  1. 30 Posts.
    I have had shares that I paid $1.00 for that are now .02. Can I sell them and get the $70 that they are now worth and claim the the loss of $2898 on my tax as a loss. and then just buy $70 of them at the price they are now........
    I'm thinking this will help me for any gains I will make in the future off other stocks??????
 
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