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Level 5
July 28, 2025
Solved

Crowdfunding investment loss

I invested in some portfolio (crowdfunding) in SeedInvest, which has changed to StartEngine, in 2017.

In 2022, one of them, FenSens went out of business. 

This year 2025, Sapient X just filed a dissolution and likely to be out of business.

 

Can I report these 2 losses in my 2025 tax returns?

Bsch4477Answer
Level 15
July 31, 2025

Investment losses must be claimed in the year that they occurred. 

7 replies

Bsch4477Level 15Answer
Level 15
July 31, 2025

Investment losses must be claimed in the year that they occurred. 

Level 5
July 31, 2025

@Bsch4477 

Can you pls advise on the steps in Turbotax Home and Business to report these investment losses ? Thanks.

Level 15
July 31, 2025

Personal>Income>I’ll choose >Investment Income >Stocks>Did you have investment income-Yes>skip the import on the next window and follow prompts to enter asset, dates of purchase and sale and cost and proceeds (bankrupt).