GREY:LSTMF - Post by User
Comment by
Oldfart74on Feb 15, 2017 10:22am
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Post# 25848496
RE:What do I do with my useless LSTMF shares?
RE:What do I do with my useless LSTMF shares?mbuch wrote: The trade cost would be more than the value of the shares.
Do I just ask the bank to de-list this stock in my account, or do I actually have to sell the shares to settle out for a tax loss? I am with RBC action direct.
Thanks in advance!
Since the sale closed on Dec 31, you should be able to prove your shares became wothless in 2016
https://www.taxtips.ca/stocksandbonds/worthless-shares-or-debt.htm