If you didn't perform services for the company, then you shouldn't report wage income from that company. I think you mean you worked for another company and they gave you the stock in the company that went under. In that case, the value of the stock when you received it should have been included in your wages from the company you worked for. The money you received now is from the liquidation of the stock which should be reported on a form 1099-B. You should report it as such as an investment sale on your tax return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
