How claim capital loss on pre-IPO stock options?

Question

I bought $10k of pre-IPO stock options for MapR last year. Now MapR has been purchased by HPE in a fire sale that has left my options worthless.

Should I expect MapR (or HPE) to send me documents about my options value, even if they’re worthless?

I’m hoping I can at least declare a capital loss on my taxes.

qbeforeu · Accepted Answer

do you mean that you exercised your options and purchased shares?

lulll · Answer

Get a tax lawyer and follow up. Am following

fake engineer · Answer

If you exercised them you can, otherwise no.

jahfineh · Answer

If the company was bought for cash and you were out of the money the options are basically worthless. Has the buyout settled?

Industries