1244 loss

What if the startup we invested in went belly up a year or so ago but we did not know about it?
According to IRS form 1244, it says we should claim the loss in the year the startup ceased operations.
What is our situation here?
Can we claim the loss in the current year
or
have we lost the 1244 loss forever?
Reply to
Liz
Loading thread data ...

Site Timeline Threads

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.