I have a dental corporation client that retired at the end of 2020.  The balance sheet,  on the very last day of business appeared as such.

Common Stock                                   $      1,000.00

Paid-in-Capital(from inception)              27,922.70

Retained Earnings                             (      28,922.70)

The value of the corporation is zero, 100% worthless.

Assuming all of the qualifications for deducting 1244 stock were met previously,

what would the 1244 stock loss be?

Any guidance would be appreciated.

Uncle Willie