Posted by: AAAA February 18, 2010
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ok, here is the thing:
I bought and sold stocks many times last year. I made profits and I has losses. By the end of the year, it was loss. So, basically i lost certain amount from last year however, i still own those stocks. The stock value is now less than what i invested. In such case, do i need to report the transactions i made during last year even though i still own stocks in loss and never transferred money to my bank account? worse part is, i already filed tax. :(