I bought 10000 shares of XYZ for $1600 on 5/22/06. I lost track of the stock and when I checked up on it a few days ago, the transaction page of my online broker states "STOCK DELIVERED OUT: 10000 SHARES OF XYZ."
On the same transaction date that XYZ was "delivered out," there's a transaction that states "STOCK RECEIVED: 100 SHARES OF ABC."
What does this mean and how should I go about declaring this on my 2008 taxes? Can I deduct the loss from XYZ?
Thanks!|||Ask your broker.
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