Here are links to some of the relevant tax analysis, IRS publications and other resources on asset disposition:
- Worthless securities
- IRS Publication 17, Your Federal Income Tax,
- Tax Topic 409, Capital Gains and Losses.
- IRS Publication 544, Sales and Other Dispositions of Assets for more specific information about capital gains and capital losses
- IRS Publication 550, Investment Income and Expenses (Including Capital Gains and Losses)
- IRS Publication 551, Basis of Assets