Question by People> Me : If at all-less asset base, due to bankruptcy will the owner take an ordinary or capital loss ?
life insurance policy insurance company goes bankrupt-?Small business goes bankrupt equity business?savings account bank goes bankrupt Exceeds FDIC insurance amount?Pension plan goes bankrupt?Mutual fund goes bankrupt?Thanks Best answer:
Answer by dry
life insurance loss ? nosmall business NOL loss-Exceeding FDIC savings account-nopension plan-nomutual fund-capital loss
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