Replies

To: wastedyears

the firm would return their capital

Not my area -- but isn't that basically a cash-out with a huge tax liability?

5 posted on 04/21/2022 5:28:48 AM PDT by ClearCase_guy (It's hard to "Believe all women" when judges say "I don't know what a woman is".)

To: ClearCase_guy

Return of capital is typically non-taxable.

6 posted on 04/21/2022 5:33:09 AM PDT by aynrandfreak (Being a Democrat means never having to say you're sorry)

To: ClearCase_guy

There’s no tax liability if you lost money.

7 posted on 04/21/2022 5:36:28 AM PDT by babble-on

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