I have RSUs (restricted stock units) from a former employer that are due to expire in the future. This company is privately held and there is currently no market for the RSUs; the promise was that if the company went public, the RSUs would be converted to common stock. When the RSUs vested, I needed to pay ordinary incomeā¦
I have been working with a small boat maker in FL. I have already sent him $55K in multiple deposit in 2022-2023. Unfortunately, I believe he is filing for bankruptcy. I am not familiar with this type of situation, so I was wondering if there is possibility to claim a loss while filing tax return.
It looks like you're new here. Sign in or register to get started.