I was able to go toSchedule D in TurboTax. It took me to where I entered my stocks previously, but when writing off the investment loss, it was just a one liner entry to put in cost basis and gain. I saw that the 50K loss did give me a refund. I'm just not sure if this is the right way to do it since this was a business investment loss where I was a passive investor. I could go to the business section where I would enter a K1. but again, I did not receive any paperwork such as a K1, 1099B, etc.
It was just a poor investment and I'm hoping to just get back a little thru taxes. Thanks for any help!
