Our partnership invested in a start-up in 2015, it abruptly closed in 2019 issuing no 1099 or K-1. How do I report the loss on our 2019 partnership return?
01239
1 Replies
taxes4sumting
Level 3
Jun 29, 2020 11:20:51 AM
sounds like a normal capital loss as your investment is worthless but more information is needed about what the nature of the investment.