never a dumb question - right???? ok - I bought stock for the first time in my life last year.... which promptly lost value and continued to fall to the basement and beyond... there's a "dumbest investment" story!! :-) If I haven't sold it, does the IRS care?? Do I need to report anything on my taxes... I certainly don't have any "capital gains", and since I haven't sold - technically I guess I don't have any losses.... yet.... Thanks in advance
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